Video Description

At the end of the Second World War, Britain still appeared a great power — with Europe’s largest economy and living standards above much of the war-torn continent.. But that moment marked a turning point. Over the next six decades, Britain would slip from economic leader to economic laggard — a decline that was part inevitable, part self-inflicted. Text version https://www.economicshelp.org/blog/218187/economics/uk-post-war-economic-decline/ 0:00 Intro 0:48 Broken Britain 2:47 Post-War Boom 3:36 Decline Manufacturing 5:36 Living in Past 6:53 1970s 8:17 3-Day Week 9:30 Thatcher Era 12:54 Credit Crunch 13:30 Europe ► Please SUBSCRIBE! https://www.youtube.com/c/economicshelp1?sub_confirmation=1 ABOUT ----------- ► https://www.economicshelp.org was founded in 2006 by Tejvan Pettinger, who studied PPE at Oxford University and teaches economics. He has published several economics books, including: ► Economic Short Cuts https://amzn.to/3IgxupC ► 50 Essential Economic Ideas https://amzn.to/3IgxndG ► Cracking Economics. https://www.economicshelp.org/shop/cracking-economics/ ► What Would Keynes Do? Amazon https://amzn.to/2xShqq4 ► Economics Without the Boring Bits https://amzn.to/48T1hA9