Why was Britain so backwards in the 50s?

America already had decent cars, decent housing conditions, central heating, decent clothes yet Britain didn't have any of these until a lot later. Britain was seriously the laughing stock of the world back then. Other European countries were starting to get back on their feet again yet Britain looked as... show more America already had decent cars, decent housing conditions, central heating, decent clothes yet Britain didn't have any of these until a lot later. Britain was seriously the laughing stock of the world back then.
Other European countries were starting to get back on their feet again yet Britain looked as though it was still stuck in the Great Depression.
Why?
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