Economic Developments: 1980 Budget

Question 1

How much money was taken out of public spending?

Answer 1

£900 million

Question 2

How many people were unemployed by 1980?

Answer 2

2.8 million

Question 3

Which 2 areas of the UK were worst-hit with the 1980 budget?

Answer 3

The North and The Midlands

Question 4

Why were The North and The Midlands heavily affected?

Answer 4

Many factories were closing down

Question 5

How much did Steel Production decrease from 1979 to 1981?

Answer 5

Decreased by 30%

Question 6

How much did overall manufacturing output of Britain fall from 1979 to 1981?

Answer 6

Fell by 15%

Question 7

What was the average percentage of people unemployed in Liverpool throughout the 1980s?

Answer 7

25%

Question 8

What did unemployment quickly rise to by 1981?

Answer 8

3 million

Question 9

What did Thatcher and Howe think about the impacts of the budgets on The North?

Answer 9

They felt it was necessary to reduce public spending.

Question 10

Which factor made it easier for the Conservatives to destroy industries in The North?

Answer 10

Most people further North were traditionally Labour voters so the Conservatives were not losing any support in doing this