VALENCE IN 2024 - ECONOMIC COMPETENCE Flashcards
What was the problem with the economic growth for the conservatives?
there were three periods of economic recession between 2022-2024
what was happening to economic growth that gave sunak confidence to say his plan was working?
there was 0.7% growth in the first quarter of 2014, the biggest since 2022
what was happening with real wages that weakened the conservative position?
although wages were much higher in 2024 than 2015 and had been increasing for 2 years, people felt poorer due to inflation as real wages were lower than in 2015
why was there some room for optimism for the cons in terms of employment?
unemployment was fairly low at about 4% and lower than 2015
what evidence is there that people had more confidence in the labour economic plan than the conservatives?
according to an xtb poll , in 2024 39% trusted labour with the economy - 26% trusted the conservatives with economy
