1979-90

Question 1

Key principles of the New Right

Answer 1

Privatisation
Free market economy
Conservative social policy
Limit welfare state
Anti union

Question 2

What economist insipired thatchers economic policy

Answer 2

Milton Friedman

Question 3

How did Thatcher hope to change Britain socially

Answer 3

Limit the welfare state to ensure Britain was free of “dependency culture” and create a nation of “rugged indivualism”
Small c conservative policy

Question 4

How did Thatcher hope to change Britain economically

Answer 4

Fuel wealth creation
Lower income tax in an attempt to stimulate people to make money and improve the economy
Privatisation
Deregulation