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British History > Economics and politics 1979-87 > Flashcards

Economics and politics 1979-87 Flashcards

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1
Q

What was rate capping and when was it

A

Upper limit on tax demanded by the local authority 1984
It was a response to local left-wing governments spending too much and raising taxes too much

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2
Q

What were 2 examples of Tory revolts

A

‘wets’ such as Heath opposed Thatcher’s poll tax and stance on Europe
The 1986 Westland affair- Hestletine resigned over squabble over who would take over the Westland helicopter company

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3
Q

Income tax changes 1979-80

A

Top rate down from 83p-60p
Lower rate down from 33p to 30p

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4
Q

Vat changes 1979-80

A

Up to 15%

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5
Q

Public spending reductions 1979-80

A

reduced by £4bn

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6
Q

Interest rates 1979-80

A

14%

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7
Q

Inflation and unemployment 1979-80

A

15%
2m unemployed

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8
Q

1981 tax increases

A

petrol tax 20p

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9
Q

Spending cuts 1981

A

£3,500m

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10
Q

GDP 1981

A

2.5% fall

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11
Q

1982 tax cuts

A

£1.3bn ‘given away’

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12
Q

What was privatised 1982

A

Amersham International

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13
Q

Deregulation 1982

A

‘Fair wages’ resolution abandoned

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14
Q

Inflation 1982

A

20%

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15
Q

Unemployment 1982

A

3m

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16
Q

What did the 1984 TU act do

A

Required ballots for the use of funds

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17
Q

How did the government manage to avoid the repercussions of the miners’ strike

A

stockpiled coal
got cheap imports from Europe

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18
Q

When and how much was the TGWU fined

A

200k
1984

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19
Q

How did the police deal with strikes

A

roadblocks and violence

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20
Q

What were Scharghill’s mistakes during the strike

A

Failure to ballot
Split in Nottinghamshire miners- UDM formed
Turned down a comprimise

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21
Q

Results of the strike

A

Fewer than 5,000 miners in Wales by 1989 vs 250,000 previously
3,000 in Scotland and LancashireKinnock distanced himself from NUM

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22
Q

Which act promoted the sale of Council houses

A

1980 Housing Act

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23
Q

How many had bought council houses by 1984

A

800,000

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24
Q

Social house building by 1983

A

down 50%

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25
Impact of council house sales on children
number of homeless children doubled by 1990
26
When were the inner city riots
1981
27
How many were arrested during the inner city riots
2,000 2/3 under 20 years old
28
What was the Scarman report
highlighted the social and economic difficulties in the inner cities Concluded institutional racism didn't exist in the met
29
Why was the YTS introduced
40% f the unemployed were under 25 50% of school leavers trained
30
Problems with the youth training scheme
could be exploited only paid £30/wk
31
What was the reaction when the government threatened to make the YTS compulsory in 1985
protests e.g 30,000 in Liverpool
32
What was the unpopular act which made the promotion of homosexuality illegal in schools
section 28
33
Example of a march for jobs
1981 protest outside the GLC
34
Examples of satirical magazines/ newspapers
spitting image and private eye
35
Who criticised Thatcher's handling of the strikes
Bishop of Durham
36
When was the Greenham women CND protest
1979
37
Which event prompted environmental protests
1986 Chernobyl
38
When was the 14 mile human chain to protest cruise missiles
1983
39
Who was part of the SDP when it formed
Jenkins, Williams, Owen, Rodgers 1981
40
Why did the SDP form
1981 Wembley conference saw Labour embrace more far-left policies Disagreement on Europe
40
How many Labour MPs joined SDP
10
41
How many members did SDP gain within the first few weeks
50,000
42
What % of the electorate supported the SDP in 1981
45%
43
1983 elextion results for SDP
25% popular vote 23 seats
44
Conservative majority 1983
142
45
What was the 'longest suicide note in history'
Labour's 1983 manifesto
46
Causes of Labour's shift to the left
dissatisfaction with 1964 and 1974 governments Younger membership who were more differential to senior figures Rise of Benn Militant Tendency could influence local politics
47
Who won depity leadership in 1980
Healey
48
What were the constitutional changes to the Labour party
The l-w committee of inquiry recommended new constitutional procedures which reduced the power of the parliamentary labour partty so left-wing local politicians could have more power It required an electoral college to elect the leader and compulsory reselection of all candidates (so could kick out the right)
49
What did Labour's 1983 manifesto involve
NATO and EEC hostility Nuclear defence hostility Committment to mass nationalisation Reinforcing the power of the unions
50
When did Kinnock become leader
1983
51
How did Kinnock modernise the party
Abandoned aspects of the 1983 manifesto Criticised Hatton, Livingstone and Scarghill Expelled Trotskyites
52
successes of privitisation
each sale was a fresh source of income Increased competition showed Thatcher was true to her word
53
when was the big bang
1986
54
trade increase after the big bang
from $4.5bn to $7.4bn per week
55
how many millionaires did the big bang create
1,500
56
positive impact of the big bang
made ordinary people shareholders and created significant wealth
57
How much was lost due to underpricing when BT was sold
£3bn
58
what did Macmillan describe privitisation as
selling off the family silver
59
What were negatives of the Big Bang
caused overcapacity Banks overspent e.g Vickers da Costa
60
negatives of privatisation
Increase in inequality as shareholders became very rich so increased wealth inequality had to spend lots of money creating regulatory bodies
61
social successes of privatisation
increased competition theoretically caused better services
62
what % disapproved of water privatisation in 1990
83%
63
How much was made from the sale of British Petroleum in 1979
£1.76bn
64
How many foreign owned firms were there within a year of the big bang
75
65
How many daily applications in the first year after RTB
1,000
66
how many houses sold within 2yrs after RTB
107,000
67
Positives of RTB
new homeowning class wealth transfer
68
what discount on houses were people given for RTB
33-50%
69
negatives of RTB
housing shortage long-term pressure on councils

British History (8 decks)

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