Britain's Economic Performance after WW2

Britain's Trade and Finance after WWII The war, which broke out in September 1939, like the First World War, raised a host of supply problems, which could not be resolved satisfactorily by market forces alone. Once more, Govnerment had to take steps to control the economy and limits had to be placed on personal liberty. From May 1940 the country was governed by coalition of Conservatives, Labour and Liberals under Churchill, and Labour ministers played a prominent …

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