1. In what year was the Beveridge Report, which laid the foundation for the UK Welfare State, published?
2. What key characteristic defines fiscal policy in the post-war UK consensus according to Keynesianism?
3. What are the Welfare State principles primarily focused on providing?
Beveridge Report — role?
Laid foundation for UK's Welfare State.
Keynesianism — mechanism?
Government adjusts spending and taxes to stabilize economy.
Beveridge Report — year?
1942
Post-War Consensus — characterized by?
Agreement on Welfare State and Keynesian policies
Monetarism — emphasis?
Control of money supply to manage inflation
Welfare State — core principles?
Universal healthcare, social security, education
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