Thatcher (1979-1990) Flashcards
How many seats switched from Labour to Conservative in the 1979 election?
40
What was the falklands war and when was it?
1982
Argentinian dictator sent forces to capture British colony the Falkland Islands
Thatcher immediately sent forces and the Argentinian forces surrendered in June
655 Argentinians and 255 British died
What events ensured a Conservative victory in the 1983 election?
• Victory in the Falklands war
• Appointment of Michael Foot as Labour leader (wanted unilateral nuclear disarmament) made Labour support decline
What was the Labour manifesto described as in the 1983 election?
“The longest suicide note in history”
Why did Thatcher win again in the 1987 election?
People were better off under her policies, gained votes from middle and working classes
What were the issues facing Britain economically in 1979?
• Nationalised industries were costly and unprofitable
• Prices had doubled since the start of the 1970s
• Lack of investment
When did Thatchers privatisation begin and in what industry?
October 1979 with the sale of British Petroleum
How did Thatcher hope to solve inflation?
By reducing the amount of money in circulation
What did the budgets of 1980 and 1981 do in the joes of reducing the amount of money in circulation?
Reduced government spending and increased indirect taxation
The value of the £ rose
How did Thatcher encourage investment?
• Direct taxation on businesses reduced
• Financial services act of 1986
What did the 1986 Financial Services act do?
Deregulated dealing in stocks and shares -> opened up share trading
How much did prices fall from 1983 to 1980?
18% -> 4.5%
How much did unemployment increase from 1980 to 1983?
1.5 million -> 3 million
How many were unemployed in 1990?
2 million
Which foreign plant came to the north east?
Japanese car firm Nissan in 1986
What percentage of its British manufacturing base did Britain lose and why?
15%
Due to a decline in the manufacturing industry as not all industries were profitable
What did the 1980 employment act declare?
• Outlawed secondary picketing
• Increased rights of workers who weren’t in a union
• Encouraged unions to hold secret ballots
What is secondary picketing?
When another workplace that is not linked to a dispute also pickets (protests)
What did the 1982 employment act declare?
• Closed shops would only be allowed to workplaces with an 85% majority vote
• Restricted Sympathy strikes
• Gave compensation to workers who were sacked for not joining a union
What are sympathy strikes?
Workers who were not involved in a strike would take part in support of the strikers
What were closed shops?
When a workplace requires its workers to join a union
What did the 1984 Trade Union act declare?
Required unions to hold a secret ballot before industrial action
When was the miners strike?
1984-1985
Who was the leader of the NUM?
Arthur Scargill