Iron and Steel Act 1953

GPTKB entity

Properties (58)
Predicate Object
gptkbp:instanceOf legislation
gptkbp:addressed steel production capacity
gptkbp:aimsTo reducing competition in the steel industry
gptkbp:amends gptkb:Iron_and_Steel_Act_1967
gptkbp:associatedWith nationalization debates
steel pricing
gptkbp:context gptkb:post-World_War_II_Britain
gptkbp:contributedTo economic_planning_in_the_UK
gptkbp:criticism bureaucratic inefficiency
gptkbp:discusses Parliamentary debates
gptkbp:enactedBy gptkb:Parliament_of_the_United_Kingdom
gptkb:Iron_and_Steel_Act_1988
gptkbp:established gptkb:British_Steel_Corporation
gptkbp:goal improve efficiency in the steel industry
gptkbp:historicalImpact shaped future industrial policies
gptkbp:historicalLegacy to stabilize the steel market
https://www.w3.org/2000/01/rdf-schema#label Iron and Steel Act 1953
gptkbp:impact iron and steel companies
gptkbp:influenced subsequent legislation on nationalization
gptkbp:influencedBy economic conditions of the time
post-war economic policy
gptkbp:introduced Minister of Supply
gptkbp:isChallengedBy by economic theorists.
gptkbp:isCitedIn in the House of Commons
in_the_House_of_Lords
gptkbp:isCriticizedFor for limiting private enterprise
gptkbp:isEvaluatedBy for its economic impact
gptkbp:isFacilitatedBy due to political implications
gptkbp:isKnownFor a response to industrial challenges
gptkbp:isLinkedTo other nationalization acts
gptkbp:isLocatedIn through government agencies
gptkbp:isRegulatedBy in later years
gptkbp:ledTo increased government control
creation of a state-owned steel industry
job creation in the steel sector
gptkbp:mandates government oversight of the steel industry
gptkbp:notableContestants by business leaders
gptkbp:notableFeature industrial policy
gptkbp:operates gptkb:Iron_and_Steel_Corporation
gptkbp:opposedBy gptkb:Conservative_Party
gptkbp:partOf post-war reconstruction efforts
gptkbp:purpose nationalization of the iron and steel industry
gptkbp:relatedTo nationalization
public ownership
economic nationalization
gptkbp:replacedBy gptkb:Iron_and_Steel_Act_1988
gptkbp:requires reporting of production statistics
gptkbp:resultedIn formation_of_British_Steel_Corporation
gptkbp:sets steel quality
gptkbp:significance transformation_of_the_steel_industry_in_the_UK
gptkbp:supportedBy gptkb:Labour_Party
gptkbp:wasPartOf with majority support
as a means to modernize industry
the post-war consensus on industry
wider nationalization movement
the_Labour_government's_agenda
gptkbp:wasSupportedBy by trade unions
gptkbp:yearEstablished 1953