Political Developments: Short and Long Term impacts of Black Wednesday Flashcards
1
Q
Name the group of people in the Conservatives who disliked contribution to the EEC
A
Eurosceptics
2
Q
What was an impact of Black Wednesday for Eurosceptics?
A
Their argument of being less involved with the EEC increased
3
Q
Why was the Eurosceptic argument a negative impact for Major?
A
He was a Europhile
4
Q
How can it be seen that Major was a Europhile in March 1991?
A
He made a speech saying Britain would be at the heart of Europe
5
Q
What was a long term impact for the Conservatives over which element of credibility?
A
They lost their credibility of being able to handle finances well for Britain
6
Q
What happened to Labour in opinion polls after Black Wednesday?
A
They gained a 15 point lead
7
Q
What was the situation for the economy by 1997?
A
It was doing well again
