THATCHER Flashcards

1
Q

What was Thatcher’s economic

A

She believed that everyone should work hard to earn a living and only most vulnerable should be helped

She believed hard work should be rewarded

Wanted to create entupenires

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2
Q

Thatcher and spending cuts

A

Public spending dropped from £11 billion in 1980 to £9 billion in 1981

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3
Q

Tax cuts and increased

A

Increased VAT from 8% to 15%

Standard rate of tax cut from 33% to 30% to and top rate tax from 83% to 60%.

From 1984 : standered rate of income tax from 30% to 27% in 1987

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4
Q

Thatcher and Privatisation

A

By 79 nationalised companies were running at loss eg British Airways was at a £544 million loss between 1981-82

1979 workers employed 25% of workers but only produced 10% of GDP

In 1979 only 7% of country had shares by 1990 it had lept to 25%

Sale of BT brought in £4 billion

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5
Q

What was inflation in 1980 ? And what was inflation in 1986 ?

A

Inflation 1980:18%

Inflation 1986: 3%

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6
Q

Thatcher and unemployment

A

Unemployment was at 3 million 1985

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7
Q

Thatcher and productivity

A

1979 British works were 50% as efficient as American workers by 1997 British workers were 80% as productive

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8
Q

Thatcher: Industry and finance

A

Financial industry got a 300% increase investment wilst manafctring only got 8%

During 60s Industry was 40% of
GDP by 1997 it was 21%

1989 £20 billion deficit

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9
Q

THATCHER’s Union Acts

A
  • Employment Act (1980) criminalised secondary action
  • Employment Act (1982) there could only be a strike a closed shop if there was a vote
  • Trade Union Act (1984) forced Unions to call a secret ballot and win a majority to start a strike
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10
Q

THATCHER and DEFENCE

A
  • 1979 she allowed us missiles to be put in UK
  • 1980 bought Trident
  • 1982 Falklands
  • between 1984-86 18,000 trops made redundant
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11
Q

Law and order Acts

A
  • Police and Criminal Evidence Act (1984) expands stop and search powers
  • Public Order Act (1986) allowed police to arrest protesters
  • Criminal Justice Act of 1982 and 88 shorter but harsher prison sentences for young
  • Prevention of Terrorism Act (1989)extended top and search
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12
Q

Reduction in spending

A
  • between 1979 and 1984 govt was cut by £5 billion
  • Rates Bill passed in 1984 govt imposed upper limit on local tax
  • Local Govt Act of 1988 forced Councils to buy private sector stuff
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13
Q

Impact of Thatcher’s battle with union

A

NUM ( National Union of Miners) between 1985 and 1990 it lost 84% of its members

Between 1979 and 1997 membership declined by 40%

Between 1985-1990 94 pits closed

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14
Q

What was the Westland Affair?

A

Between 1985-86 Hesltine and Thatcher fort over weather to give European or American manufacturers the contracts . Heseltine wanted Europe wilst Thatcher USA .Heseltine rigsin

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15
Q

Thatcher and Homosexuality

A

Three-quarters of people surveyed thought Homosexuality was wrong
Thatcher govt got behind a safe-sex campaign

Section 26 of the 1986 Ed Act specified that “value of family life “ should be promoted

Clause 28 of the 1988 Local Govt Act banded the the ‘promotion of homosexuality’

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16
Q

What was the Scarman Report and what did it say?

A

The inquiry found that there was evidence of disproportionate and unnecessary use of stop and search against minoritys

Poverty was a key factor in social unrest