Heath’s Challenges Part 2 Flashcards

(6 cards)

1
Q

What was the 1973 Yom Kippur War?

A
  • Saturday 6th October 1973 Arab military forces from Egypt and Syria launched a surprise attack on Israel
  • They chosen the Jewish holy day of Yom Kippur hoping to catch Israel off guard
  • A short and intensive war followed, during which the USA and some other western countries sided with Israel
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2
Q

What is OPEC?

A
  • The Organisation of Petroleum Exporting Countries
  • A group of Middle Eastern oil exporting nations, predominantly Arab and headed by Saudi Arabia
  • This was a consortium which negotiated bulk oil prices and set the dollar price for a barrel of oil
  • 1970s the vast majority of the world’s oil supplies came from the middle east so OPEC was in a position to set world oil prices
  • 1973 when the USA supported Israel in the Yom Kippur War, OPEC decided to retaliate and stopped supplies of oil to the West
  • Bulk oil prices began to rocket
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3
Q

What was the 1973 Oil Crisis

A
  • oil prices increase by 400% by 1974
  • dramatic increase in petrol for cyclists but also travel companies which increase transport costs
  • queues at petrol station so petrol coupons introduced rations
  • 50 mph speed limit on motorways
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4
Q

1974 Miners strike

A
  • miners demand another rise after prices rise from barber boom and oil crisis
  • demanded another rise and went on strike but was rejected
  • heath offer £3 to £8 but National Union of Miners wanted double
  • both sides refuse to compromise and dragged this out for 16 weeks - in winter again
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5
Q

1974 three day week

A
  • B of P crisis looming due to industrial output falling
  • again in depth of winter
  • on surface it was about miners wanting a new pay deal however was on a deeper level of democracy
  • was democracy on brink of collapse
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6
Q

What was the snap election

A
  • In February 1974 Heath took a very risky gamble
  • He called a snap general election asking the people ‘Who Governs?’
  • He was asking the people if he or the unions were running the country
  • Opinion was divided
  • If he won it would give him a clear mandate to overrule the unions
  • however, he lost
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