Economic - Key Facts Flashcards
1
Q
Name of the factory where the predominatly British Asian female workforce went on strike
A
Grunwick Photo Processing Factory
2
Q
Name of the Grunwick factory owner
A
George Ward
3
Q
Chancellor of the Exchequer during the IMF crisis
A
Denis Healey
4
Q
Amount of the IMF loan
A
£3 Billion
5
Q
Amount proposed in the rejected wage increase limit in 1978
A
5%
6
Q
Group that striked for 9 weeks with success
A
Ford Lorry Drivers
7
Q
Percentage pay rise for the Ford lorry drivers
A
15%
8
Q
Average percentage pay increase after the Winter of Discontent
A
10%
9
Q
What came on stream that helped to improve the economic situation
A
North Sea Oil
10
Q
Number of oilfields in production
A
9
11
Q
Inflation rate in early 1979
A
10%
12
Q
Unemployment rate in early 1979
A
1.6 million
