thatcherism and beyond Flashcards
what were the main 2 reasons for Thatcher winning the 1979 election?
economic crisis
weak labour government
what 4 major components was thatcherism built upon?
anti-feminism
strong state through efficiency
commitment to free enterprise
nationalism
how many elections did she win?
3
what did the consumer revolution involve?
individualising debt and giving everyone a right to buy property
what were the two long term effects of her time in power?
transformed the labour party
changed the relationship between person and state
when was british gas privatised?
1986
what was the main aim of privatisation?
to increase business competition and dfrive down prices
did privatisation improve worker productivity?
no
when did inflation spiral out of control?
1988
why was there a north and south divide?
the working class north did not see the benefits of privatisation as it was only felt by wealthy business owners in the south
what percentage of the population was living below the poverty line in the 1980s?
17%
what was the main difference between new labour and thatcher?
NL focused on the public sector such as the NHS whereas thatcher prioritised radical economic policy
