Macmillan 1957-1964

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history as level
Tulsi Patel
Mind Map by Tulsi Patel, updated more than 1 year ago
Tulsi Patel
Created by Tulsi Patel about 9 years ago
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Resource summary

Macmillan 1957-1964
  1. Macmillan himself
    1. Macmillan came across as a war hero following the Suez crisis. He was a classi Edwardian scholar but suffered from physical and mental pain.
      1. He was very much related to the government he ran via blood or through marriage. He was related to 35/85 government figures and 7/19 cabinet ministers.
        1. He was known as supermac following a cartoon created by Vicky
          1. Early 1960's he was the focus of satirical attacks, like tv show "that was the week that was"
          2. resignations
            1. Macmillan's various Chancellors carried on the consensus economics; operating a mixed economy, following - loosely - Keynsianism, soon Macmillan refused prioritise deflationary policies over full so 3 coe's resigned.
            2. economy
              1. Generally a time of 'stop-go' economics; sudden tax rises and cuts to control spending, Consumer goods became widespread as Britain became more affluent
                1. Although the government continued the consensus aim of full employment. Unemployment rose by over 150,000 during Macmillan's premiership
                  1. 10 million tv's were owned and consumerism rose as washing machines and dishwashers became popular.
                    1. Balance of payments worsened from a surplus of £345 million in 1958 to £258 million deficit in 1960
                      1. Inflation rose from 3.6% in the 50's to 5.5% in the 60's
                        1. BY 1963, unemployment was 870,000. Average economic growth shrank by 2% a year. Balance of payments problem forced Britain to borrow £714 million from the IMF to support the value of the pound.
                        2. "Britain never had it so good"
                          1. decolonization
                            1. The "wind of change" ultimately meant that the British Empire's days were numbered, and on the whole, Britain adopted a policy of peaceful disengagement from its colonies once stable, non-Communist governments were available to transfer power to.
                              1. Churchill and Eden wanted to maintain the British Empire, Macmillan realised it could no longer play a major world role so he emphasised international co-operation with the USA and advocated entry to the EEC. De Gaulle vetoed Britain
                              2. Profumo affair
                                1. In june 1963, John Profumo confessed to an affair in 1961 with showgirl Christine Keeler who was also having an affair with Captain Ivanov a Russian diplomat and spy. His initial dishonesty made people question the government.
                                  1. 'night of the long knives' mac sacks 7 ministers in 1962
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