... the two governments in power during the period. The Conservative party were in government during the 1950's (with exception of 1951) through to 1964 where the Labour government took over. Thus it could be said that the 1950's were the days of the Conservative party and the 1960's were the days of Labour party. Both parties had a very different approach to the problems, which resulted in very different policies that could of helped or hindered the economy. The 1950's performed better then the 1960's in many ways: * The beginning of the 1950's saw the UK as an economic superpower, second to the USA, with a 25% share of the world manufacturing exports; this is compared to 16% in 1960. This decline is a long-established trend dating back to the 1900's when the UK had approximately a third of the total world trade in manufactured goods. The 25% in 1950 ...

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