Thatcherism 1979-1990

Cards (55)

  • What was Thatcher's economic ideology?
    Monetarism
  • What was Thatcher's 1978 campaign slogan by Saachi & saachi?
    Labour isn't working
  • How many votes did Thatcher win 1979?
    339
  • Who were the 'wets'?
    sceptics of Thatcher's economic policies
  • Who were the 'dries'?
    Thatcher's supporters in cabinet
  • What did Thatcher announce in her 1981 budget?
    She would increase budget cuts on public spending
  • What saved the economy from a severe balance of payments crisis?
    North Sea oil
  • What did the top rate of income tax fall from 83% to in 1988?
    40%
  • What was the main aim of monetarism?
    Reduce direct taxation in increase the circulation of wealth
  • What was the scheme to allow small businesses to borrow money to grow?
    Loan Guarantee Scheme
  • What did Thatcher believe would increase competition?
    Denationalisation
  • Give two examples of Thatcher's privatisations?
    1. British telecom 1984
    2. British gas 1986
  • Between 1979 and 1990 how much did the number of people owning stocks rise to ?

    3 million to 9 million
  • What was the deregulation of the London stock exchange called?
    The Big Bang 27 October 1986
  • How much did GDP grow during the 1980s?
    2.2%
  • How much was steel production cut by?
    30%
  • What height did unemployment rise to in 1983?
    3 million and 13.5% of workers
  • What did interest rates rise to in order to control inflation?
    17%
  • What height did inflation reach in May 1980?
    22%
  • What did inflation fall to in 1986?
    2.5%
  • What was 'sus law'?
    Stop and search law often used unfairly on ethnic minorities
  • What was the Housing Act 1980?
    Right to buy scheme on council houses
  • How many people had used the right to buy scheme by 1988?
    2 million
  • Because of shortage of council houses where were some people moved to?
    B&B accommodation
  • What did Thatcher call the miner's who went on strike?
    'the enemy within'
  • What did the national coal board warn of in 1981?
    23 pit closures
  • How many coal pits did the government really plan to close?
    75
  • What group broke away from the miners?
    Union of Democratic Mineworkers
  • What happened at the Battle of Orgreave 1984?

    5000 miners faced off 8000 police officers
  • Coal industry fell from 200,000 workers in 1979 to 60,000 in 1990
  • How was trade union membership affected by 1990?
    Had reduced by two-thirds
  • What tax introduced in 1990 was extremely popular?
    The poll tax
  • How many people attended the anti-poll tax demonstration in Trafalgar Square?
    More than 200,000
  • What was the 'Faith in the city' 1985 report?

    Church of England called on the government to do more to help deprived communities
  • What did the CND protest against in 1979?

    Stationing of American cruise missiles
  • How many people participated in the cruise missile protest 1983?
    70,000 people formed a 14 mile chain
  • What ship was withdrawn from the Falklands in 1981?
    HMS Endurance
  • What were the Argentinian military called?
    Junta
  • When was the Belgrano sunk?
    2nd May 1982
  • How did the Falklands strengthen the 'special relationship'?
    Allowed the use of American bases like Ascension island