Introduction to Heaths Government and Proposed Reforms Flashcards

1
Q

What are the 3 factors of the British disease?

A

Low Productivity Growth Poor Industrial Relations Poor Economic Performance

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2
Q

Did the 1970’s experience the British Disease?

A

Yes

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3
Q

How was Heath different from previous Conservative leaders?

A

Son of a builder in Kent, worked his way up through Grammar school

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4
Q

How did other Conservative leaders come to power?

A

They were wealthy and had good connections etc

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5
Q

What tower did Heath build in his PM season?

A

NatWest Tower

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6
Q

How did Heath see himself?

A

As a moderniser who needed to repair the country

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7
Q

How did Heath believe Britain should be run?

A

Like a business

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8
Q

What was a significant aim of Edward Heath’s? Why?

A

To get in to the EEC. Because he had seen the horrors of war and believed strong foreign economic ties would prevent future wars

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9
Q

What were the main proposed policies in the 1970 Tory Manifesto?

A

Tax reform Law and order reform Trade Union Reform End to funding of lame duck industries

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10
Q

How would Tax Reform take place? What is one of these new taxes?

A

More indirect taxes introduced like VAT

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11
Q

How would Trade Union reform take place?

A

They would implement some parts of Barbara Castles White Paper

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12
Q

What were ‘lame duck’ industries?

A

Industries funded by the government that were not profitable

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13
Q

What was a problem with stopping ‘lame duck’ industry funding?

A

These industries would collapse and many would be unemployed

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14
Q

What did Labour say about Heaths proposals? What did they call him?

A

They criticised his policies. Called the Selsdon Man

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15
Q

What was significant about Labour opposition to new policies?

A

No more post-war consensus

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16
Q

What did Heath call his government?

A

New Right’

17
Q

What changed with currency in 1971?

A

It became decimalised

18
Q

Why did British currency change?

A

So that it better aligned Britain with global trade

19
Q

Why would currency change better align global trade for Britain?

A

Because most other large countries had decimalised their currency