5480851
Description
Flashcards by Beth B5236, updated more than 1 year ago
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Created by Beth B5236
over 8 years ago
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| Question | Answer |
| 1979-90 Overview | 1. Loss of vote of confidence in march 1979 led to a general election in 1979. 2. Conservatives, led by Margaret Thatcher, win a 44 seat majority. 3. First Term (1979-83) - recession, riots, unemployment, monetarism and the Falklands War. 4. Second Term (1983-87) - privatisation continues and deregulation ('big bang). 5. Third Term (1987-90) - privatisation, resignation of Lawson and Howe, Poll Tax and her resignation. |
| Thatcherism | 1. Rolling back the state. 2. Anti-trade union. 3. Anti-socialism. 4. Low taxation. 5. Neoconservatism and neoliberalism = the New Right. 6. Patriotism. 7. 'Change as a moral crusade' (anti-tradition). 8. Andrew Gamble - 'a free market and a strong state'. |
| Opposition | 1. Labour spits from the 1970s. 2. Benn vs. Healey in 1981 deputy leadership elections. 3. Formation of the SPD in 1981. 4. 1983 general election ('longest suicide note in history'). 5. Kinnock takes on militant. |
| Economics | 1. Heavily influenced by Freidman, Hayek and Joseph. 2. Entrepreneurial spirit. 3. Monetarism (limits on the supply of money) instigated by Chancellor Geoffrey Howe. 4. Privatisation (BA, BT, British Gas etc.). 5. Deregulation of finance, transport, health etc. 6. Supply-side economics. 7. 'Lawson Boom'. 8. North sea oil. |
| Society | 1. Riots in 1981 and 1990. 2. Mass unemployment. 3. Popular capitalism. 4. Right-to-buy. 5. Miners' Strike of 1984-85. 6. Pressure group activity. 7. Yuppies - young urban professionals. 8. Materialism. 9. Poll Tax. |
| Foreign Policy | 1. Falklands. 2. Reagan and the 'special relationship'. 3. Europe. 4. End of the Cold War. |
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