1983 Election Flashcards
What is supply side economics
Way of fixing declining economy by increasing supply to fit demand
What was ‘The Lognest suicide note in history’
Micheal Foot’s manifesto which tried to reintegrate Old Labour politics
Which event improved Margaret Thatcher’s image pre-election
The Falklands Conflict
Who were the three major parties at this point
Conservatives
Labour
Liberal/SDP Alliance
How many seats did the Conservatives win
397
How many seats did Labour win
209
What happened to Conservative’s voter share in this election
It fell from 43.9% to 42.4%
What was the swing from Labour to Conservative
3.8%
What was the Conservative’s manifesto
It was focused on three elements:
- Defence
- Employment
- Economic prosperity
Affect of FPTP in this election
Labour recieved 27% voter share and SDP recieved 25% voter share but Labour got 209 seats and SDP got 23
Biggest social factor affecting voting
Class:
Upper class- 55% Conservative
Working class- 41% Labour
What was Thatcher’s opinion on modern elections
She saw them as a “media circus”
Percentage of people satisfied with the way Falklands war was handled
84%
How did Thatcher cater to the media
Went on tour of the nation giving speeches to individuals and taking pictures to demonstrate a connection to normal people
What was the term coined by economists of the 1970s to describe the dual problem of high inflation and rising unemployment?
Stagflation
Keynesian economics suggest government deal with inflation and unemployment in opposite ways. What are three ways of dealing with this?
- Cutting interest rates
- Borrowing money
- Printing money
In which year of the 1970’s did inflation reach its peak of 24%
1975
What was the name of the White Paper published by Labour in 1969 to reduce the power of trade unions?
In Place of Strife
What are three features of neo-Conservatism?
Maintain order
Protect traditional institutions and values
Patriotism
What is supply side economics?
an economic theory that focuses on increasing production and supply of goods and services as a way to drive economic growth.
Give one example of an industry that was privatised, and give the date
BT in 1984
Name one reform under Thatcher that limited the power of trade union, and detail how it did so
Unemployment Act 1990
Explain the rationale for cutting taxes for the highest and lowest earners
Builds incentive for people to stop relying on welfare and finding work
What is an ‘anomie’
State of normlessness
What is anti-permissiveness
Moral intervention
