Economic Developments: Thatcher's management of the Economy 2

Question 1

How many Council Houses had been sold by 1987?

Answer 1

1 million

Question 2

How many council houses had been sold by 1995?

Answer 2

1.7 million

Question 3

When did the Conservatives make a second housing act?

Answer 3

1988

Question 4

What did the 1988 Housing Act do for landlords?

Answer 4

It allowed them to buy council houses and rent them out

Question 5

What did the 1988 Housing Act do to rent controls?

Answer 5

It abolished them

Question 6

What percentage of social housing did housing associations own in 1978?

Answer 6

5%

Question 7

What percentage of social housing did housing associations own by 1995?

Answer 7

19%

Question 8

Which groups of people were not included in homelessness numbers?

Answer 8

People sleeping on the streets

Question 9

How many more people were homeless in 1992 compared to 1979?

Answer 9

110,000 more people

Question 10

What did a survey of London in April 1989 show about sleeping on the streets?

Answer 10

800 people were sleeping on the streets

Question 11

Which international figure came to Britain and was appalled by the homelessness?

Answer 11

Mother Theresa

Question 12

What was Mother Theresa surprised by?

Answer 12

That a country like Britain had so many homeless people in it

Question 13

How did Thatcher’s government respond to homelessness?

Answer 13

They acknowledged it but did not act on it

Question 14

How much did the average incomes of the poorest 20% grow from 1979 to 1990?

Answer 14

1%

Question 14

How much did the average incomes of the richest 20% grow from 1979 to 1990?

Answer 14

33%

Question 15

Which area of Britain was more likely to experience an income increase?

Answer 15

The South

Question 16

What percentage of people were in support of the Welfare system by 1979?

Answer 16

22%

Question 17

What happened with sickness leave in 1983?

Answer 17

It changed to being paid by employers

Question 18

How long would employers pay sickness leave for their employees in terms of weeks?

Answer 18

8 weeks

Question 19

What was the negative impact of the change to sickness pay?

Answer 19

Employers were discouraged to employ people with health problems

Question 20

What did Thatcher reduce pensions in relation to average male earnings in 1981?

Answer 20

25% of average male earnings

Question 21

What were pensions down to in relation to average male earnings by 1993?

Answer 21

15%

Question 22

How much money was Oil pouring into Britain a year by 1982?

Answer 22

£8 billion a year

Question 23

What percentage of all tax revenues did the amount of money from North Sea Oil equate to?

Answer 23

10% of all tax revenues

Question 24

What was significant about North Sea Oil in terms of Thathcer's policies?

Answer 24

They helped fund many of her policies

Question 25

What year did Steel workers strike?

Answer 25

April 1980

Question 26

Why was the Steel Strike a limitation to Keith Joseph's loan?

Answer 26

It meant that by this time, the money had not been used efficiently

Question 27

How much money had been given to Steel to try and help them modernise?

Answer 27

£1 billion

Question 28

How much money had British Steel been losing a week?

Answer 28

£7 million

Question 29

By what percentage did British Steel production decrease by from 1979 to 1981?

Answer 29

30%

Question 30

How much did overall British manufacturing decline from 1979 to 1981?

Answer 30

15%

Question 31

How much did the privatisation of British Gas raise?

Answer 31

£5 billion

Question 32

How many people bought shares in British Gas?

Answer 32

2 million people

Question 33

Out of the 2 million British Gas share purchasers, how many were first-time shareholders?

Answer 33

1 million

Question 34

What was the situation for cigarette and alcohol taxes?

Answer 34

They were increased in every single budget from 1979 to 1987

Question 35

What was inflation at in 1979?

Answer 35

11%

Question 36

What was inflation at in 1980?

Answer 36

22%

Question 37

What was inflation averaging a year from 1983 onwards?

Answer 37

4.5% a year

Question 38

How low was inflation in 1986?

Answer 38

2.5%

Question 39

What did Britain join in October 1990 that increased inflation?

Answer 39

The European Rate Mechanism (ERM)

Question 40

What was inflation at by 1990?

Answer 40

10.6%

Question 41

What was unemployment at in 1979?

Answer 41

1.2 million

Question 42

What was unemployment at by 1981?

Answer 42

2.8 million

Question 43

What was unemployment at in 1983?

Answer 43

3 million

Question 44

When did unemployment finally fall below 3 million?

Answer 44

1987

Question 45

What were set up to try and help unemployment among young people?

Answer 45

Youth Employment Schemes

Question 46

What were the Youth Employment Schemes?

Answer 46

Businesses were given money if they employed young people at their businesses

Question 47

What fraction of all women worked by the 1980s?

Answer 47

1/3

Question 48

What was a violent response from many Northern locations to unemployment?

Answer 48

Riots

Question 49

When was there a long series of riots from in the early 1980s?

Answer 49

April 1981 to July 1981

Question 50

What year did unemployment reach its peak?

Answer 50

1986

Question 51

What were unemployment figures at in their peak?

Answer 51

3.6 million