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Britain 1951-2007
Thatcherism 1979-1990
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Ruby Weerasinghe
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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?
British telecom
1984
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
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