The early 1950s Overview

• Post-war Britain was governed by the Labour Party from 1945. In 1951, the Conservatives took over, beginning a period of 13 years in power.
• Two significant Ministers responsible were Winston Churchill (Prime Minister) and R.A Butler, who was the Chancellor of the Exchequer.
• The era was characterised by an end to post-war austerity, sometimes referred to as 'Post-War Consensus' (agreement between major political parties on key issues).

Key Events in the early 1950s

• During this period, there was a considerable boom in British economy. This led to an end of rationing by 1954, bringing an end to the post-war austerity era.
• Important socio-cultural developments took place including the Festival of Britain in 1951, celebrating British industry and design.
• There were substantial steps taken to modernise the UK, such as the building of the first motorways and a growing trend towards suburbia.

Economic Situation

• There was a wave of economic prosperity throughout this era, making goods such as TVs, refrigerators, and cars more common in households.
• This period saw the growth of consumerism and the birth of the "affluent society", where people had more disposable income than ever before.
• Britons were working the same or less hours for higher wages, leading to a rise in the standard of living.

Key Social Changes

• There was a trend towards nuclear families (two parents and their children) and a move away from extended families.
• The structure of British society began to change, with a decline in the importance of the class system.
• Rates of homeownership increased and there was a surge in the provision of social housing.

Foreign Relations

• Britain's relationship with her colonies was altering as the process of decolonisation began, leading to the independence of many former territories.
• The early 1950s saw the height of the Cold War, with Britain and the USA allying against the USSR.
• The Korean War took place between 1950-53, in which Britain was a participant as a part of UN forces.

Remember, these are brief headlines to help guide your study. It's always worth diving deeper into these points to understand their causes, impacts, and the differing views on these changes and events.