THATCHER COURSEWORK OCR

Young people could no longer expect to follow their parents into work, causing many to have to move away. Further privatisations, such as the coal indsutry and the railways wanted to be carried out, however this was left until later in the s. Overall the economic realignment that resulted from Thatcher’s economic policies depended on perspective. The areas in which riots had happened were suffering hihg leevls of unemployment and deprivation. Some lost their jobs as privatised companies cut back on staff, and others found that they could no longer rely on long-term job security and on reliable pension provision. What activities took place after this realignment? These old, labour-intensive industries were facing challenges from foreign competition and from technological innovation.

It identified poverty and race as key components. The areas in which riots had happened were suffering hihg leevls of unemployment and deprivation. Hospitals were required to operate an ‘internal market’ by taking control of their own finance and matching needs to resources. Between and , there were 9 million shareholders amongst the British public, and 14 major British companies had been privatised. What economic policy was adopted in the mids? Foreign banks could now operate as stockbrokers.

Thatcher () – Revision Notes in A Level and IB History

Britain looked a different place depending on whether you were in Sheffield or London. Financial deregulation freed up the City of London and the financial markets from the tight controls of the Bank of England. A few steps had been taken to carry this policy out in Thatcher’s first term, such as the privatisation of BP in and British aerospace in Britain’s economy was moving thatcber from being based on manufacturing and heavy idnsutry and becoming based on services.

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A new breed of dealers and speculators took over. Employees spend on goods and services produced by businesses. What was economic realignment?

Sign up to Comment. In London, the Canary Wharf development on the old West India Docks became the second most important financial district in the country after the City of London, a symbol of the shift to the service industries.

This changed British society in a fundamental way as it promoted the capitalist streak that the polocy developed within the individual, giving the potential for social mobility as it generated wealth, another important policy of Thatcher’s.

Privatisation was drvien by an anti-socialist ideology and became a central policy under Thatcher. Hospitals were required to operate an ‘internal market’ by taking control courseaork their own finance and matching needs to resources.

thatcher coursework ocr

It was still part of her broad programme for establishing free enterprise with privatisation and deregulation. Reducing taxation so as to provide employees with a greater incentive to work.

It identified poverty and race as key components. What activities took place after this realignment? The areas in which riots had happened were suffering hihg leevls of unemployment and deprivation.

Thatcher’s Economy

Long-term trends shifted economic actvitiy to the south, changing the thatchfr of many cities and towns. Instead, the government followed supply-side economics. How was deregulation carried out?

Thatcher’s First Term as PM Further privatisations, such as the coal indsutry and the railways wanted to be carried out, however this was left until later in the s. What was the feeling thacther the riots causation?

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Thatcher’s Economy – Revision Cards in A Level and IB History

What economic policy was adopted in the mids? Tebbit famouslyspoke ‘He didn’t riot, oc got on his bike and looked for work and kept looking’. There were increased problems of ill health and depression, and also alcoholism and drugs.

thatcher coursework ocr

Limiting the powers of the trade union so that they could not block productivity or prevent the modernisation of industry. Chapter 6 -Thatcher and the end of consensus, Balck people and those from ethnic minorities believed that the police unfairly targeted them.

These old, labour-intensive industries were facing challenges from foreign competition and from technological innovation. Some lost their jobs as privatised companies cut back on staff, and others found that they could no longer rely on long-term job security and on reliable pension provision.

It blew away old tradition and is credited with restoring London’s position as a world financial centre. However, many criticised privatisation as being selfish, particularly one-nation conservatives such as Harold Macmillan.

Encouraging competition in order to lower prices. Where did Thatcher leave privatisation in Britain? It was only with the greatest difficulty that the police eventually contained the trouble.

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