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(9)Labour economic problems

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A level British History (Labour, Attlee 1945-51) Mind Map on (9)Labour economic problems, created by Marcus Danvers on 12/11/2013.
Marcus Danvers
Mind Map by Marcus Danvers, updated more than 1 year ago
Marcus Danvers
Created by Marcus Danvers over 10 years ago
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(9)Labour economic problems
  1. Initial problem: Lend-Lease ended and Britain couldn’t pay for its imports
    1. Britain had to export to earn money to buy these imports
      1. Dalton taxed Britain heavily to restrict expenditure in Britain and ensure exports
        1. Winter of 1947
          1. US loan meant that pound and dollars had to be convertible – and people took their dollars
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