Did the achievements of the 1945 Labour government outweigh the inadequacies of its economic policy.

To answer this question effectively it is first necessary to make a few preliminary points regarding Labour’s acquisition of power, and also about the unique political and economic situation in the country at the time, before moving on to describe the various achievements made by this government in their period of office as well as the various problems with economic policy that existed.

The Conservative party experienced a crushing defeat in the July 1945 election, due to a gain of 227 seats by the Labour party which gave them a majority of 146 in the commons…(short extract)