Section 1 Summary Notes
The following set of notes can be derived from the Access to History Text Chapter 2. Make
bullet points under each of the following questions:
1. Why was Eden’s premiership so short-lived?
- He begun his leadership by having a reputation of being in churchills shadow
- Suez crisis shattered his reputation as a satesman
- Stress and poor health
2. How did Britain become entangled in the Suez Venture?
- Nassar, egypt’s president, tried to nationalise the suez canal
- The suez canal transported essential oil to britain, this was a threat to eden
- The seuz canal being nationalised would have resuted in britain havi g to pay to use the
canal
- Why did Eden call off the Suez campaign?
- Eisenhower ( america) massively condemned this- important because of special
relationship
- British public outcry
- UN condemnation of Britain
- Reluctance of all but few of the commonwealth countries to support britain
- Catastrophic fall in britains currency reservesbecause large withdrawals of deposits by
international investors
- What were the consequences for Britain of the Suez venture?
- Eden had to resign,
- stained their relationship with the US
- Admission tht britain could not act alone in the post war world
- Led a number of people to to consider whether britain should consider a closer union
with europe
3. What economic policies did the Conservative government follow under
Macmillan?
- Operate under a loose form of keynesianism *Keynes advocated for increased government
expenditures and lower taxes to stimulate demand and pull the global economy out of the
depression
- Operate a mixed economy
- Stop and go policies constantly changed the interest rated to emncourage or discourage
spending
Problems :
- Not developed coherent economic policies but simple employed stop go tactis to avoid
massive swings in inflation and deflation
- Gap between rich and poor widened
- No structured financial strategy
4. How justified was Macmillan’s claim that under the Conservatives the British
people had ‘never had it so good?
- There were periods of higher inflation
The following set of notes can be derived from the Access to History Text Chapter 2. Make
bullet points under each of the following questions:
1. Why was Eden’s premiership so short-lived?
- He begun his leadership by having a reputation of being in churchills shadow
- Suez crisis shattered his reputation as a satesman
- Stress and poor health
2. How did Britain become entangled in the Suez Venture?
- Nassar, egypt’s president, tried to nationalise the suez canal
- The suez canal transported essential oil to britain, this was a threat to eden
- The seuz canal being nationalised would have resuted in britain havi g to pay to use the
canal
- Why did Eden call off the Suez campaign?
- Eisenhower ( america) massively condemned this- important because of special
relationship
- British public outcry
- UN condemnation of Britain
- Reluctance of all but few of the commonwealth countries to support britain
- Catastrophic fall in britains currency reservesbecause large withdrawals of deposits by
international investors
- What were the consequences for Britain of the Suez venture?
- Eden had to resign,
- stained their relationship with the US
- Admission tht britain could not act alone in the post war world
- Led a number of people to to consider whether britain should consider a closer union
with europe
3. What economic policies did the Conservative government follow under
Macmillan?
- Operate under a loose form of keynesianism *Keynes advocated for increased government
expenditures and lower taxes to stimulate demand and pull the global economy out of the
depression
- Operate a mixed economy
- Stop and go policies constantly changed the interest rated to emncourage or discourage
spending
Problems :
- Not developed coherent economic policies but simple employed stop go tactis to avoid
massive swings in inflation and deflation
- Gap between rich and poor widened
- No structured financial strategy
4. How justified was Macmillan’s claim that under the Conservatives the British
people had ‘never had it so good?
- There were periods of higher inflation
