AQA A-Level History 7042
1A The Age of the Crusades, c1071–1204
1B Spain in the Age of Discovery, 1469–1598
1C The Tudors: England, 1485–1603
1D Stuart Britain and the Crisis of Monarchy, 1603–1702
1E Russia in the Age of Absolutism and Enlightenment, 1682–1796
1F Industrialisation and the People: Britain, c1783–1885
1G Challenge and Transformation: Britain, c1851–1964
1H Tsarist and Communist Russia, 1855–1964
1J The British Empire, c1857–1967
1K The Making of a Superpower: USA, 1865–1975
1L The Quest for Political Stability: Germany, 1871–1991
2A Royal Authority and the Angevin Kings, 1154–1216
2B The Wars of the Roses, 1450–1499
2C The Reformation in Europe, c1500–1564
2D Religious Conflict and the Church in England, c1529–c1570
2E The English Revolution, 1625–1660
2F The Sun King: Louis XIV, France and Europe, 1643–1715
2G The Birth of the USA, 1760–1801
2H France in Revolution, 1774–1815
2J America: A Nation Divided, c1845–1877
2K International Relations and Global Conflict, c1890–1941
2L Italy and Fascism, c1900–1945
2M Wars and Welfare: Britain in Transition, 1906–1957
2N Revolution and Dictatorship: Russia, 1917–1953
2O Democracy and Nazism: Germany, 1918–1945
2P The Transformation of China, 1936–1997
2Q The American Dream: Reality and Illusion, 1945–1980
2R The Cold War, c1945–1991
2S The Making of Modern Britain, 1951–2007
2T The Crisis of Communism: The USSR and the Soviet Empire, 1953–2000
2M Wars and Welfare: Britain in Transition, 1906–1957
Britain's Post-War Debt and the Export Drive
- 4 things to know
- Component 2
Overview
Recall questions on demobilisation and controls, the export drive, war debts and sterling balances, the American Loan and the convertibility crisis of 1947, the fuel crisis, Cripps's austerity, Marshall Aid and the 1949 devaluation.
What you need to know
Answer each one before you reveal it.
Who negotiated the American Loan of 1946?
How was Marshall Aid used in Britain?
What debts burdened Britain after 1945, and why did it launch an export drive and devalue sterling?
Questions from this subtopic
Each one with the model answer underneath.
- 1
Why was demobilisation after 1945 carried out gradually?
Model answer
To prevent mass unemployment.
- 2
Why did rationing continue after the war ended?
Model answer
Due to severe shortages of goods and the need to manage limited supplies.
- 3
What system controlled construction after the war?
Model answer
The building licence system.
- 4
Why did Britain launch an export drive after 1945?
Model answer
To earn foreign currency needed for essential imports.
- 5
How had Britain funded the war effort in a way that damaged its post-war finances?
Model answer
By selling overseas assets.
- 6
What were the accumulated sterling balances that contributed to Britain's post-war debt?
Model answer
Debts owed to Empire countries for wartime supplies and services.
Other ways to work this
The same content, four other ways.
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Every question in 2M Wars and Welfare: Britain in Transition, 1906–1957, on a schedule.
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