Learning objective
Thatcher's economic policies and their impact: monetarism; privatisation; deregulation; issues of inflation, unemployment and economic realignment.
Read the explanation, check the common trap, then practise with flashcards and questions.
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Topic
The impact of Thatcherism, 1979–1987 (A-level only)
Subtopic
The impact of Thatcherism, 1979–1987 (A-level only)
Study support
Understand this objective
Quick explanation
Thatcher's economic policies and their impact: monetarism; privatisation; deregulation; issues of inflation, unemployment and economic realignment
- This point belongs to The impact of Thatcherism, 1979–1987 (A-level only), especially The impact of Thatcherism, 1979–1987 (A-level only).
- You need to be able to thatcher's economic policies and their impact: monetarism; privatisation; deregulation; issues of inflation, unemployment and economic realignment.
- Use the linked flashcards and practice questions to check recall, then practise applying the idea in an exam-style answer.
Why it matters
This objective helps connect The impact of Thatcherism, 1979–1987 (A-level only) to exam-style questions, flashcards, and revision notes for The impact of Thatcherism, 1979–1987 (A-level only).
Quick student answer
Which of the following was a key feature of Thatcher's economic policy?
Direct answer
Monetarism was a key feature of Thatcher's economic policy, focusing on controlling inflation through tight monetary policy.
Key terms
- Inflation: A general increase in prices and fall in the purchasing value of money.
- Unemployment: The state of being jobless and actively seeking work.
Common trap
Confusing privatisation with nationalisation: Clarify that privatisation involves transferring ownership to the private sector, while nationalisation is the opposite.
Related questions
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Flashcard prompts
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Revision tools
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Related learning objectives
- The Thatcher governments: Thatcher as leader, character and ideology; ministers; support and opposition; electoral success; internal Labour divisions and the formation of the SDP; Northern Ireland and the troubles.
The impact of Thatcherism, 1979–1987 (A-level only)
- Impact of Thatcherism on society: sale of council houses; miners' strike and other industrial disputes; poll tax; extra-parliamentary opposition.
The impact of Thatcherism, 1979–1987 (A-level only)
- Foreign Affairs: the Falklands; the 'special relationship' with USA; moves to end the Cold War; Thatcher as an international figure; attitudes to Europe, including Thatcher's policies; divisions within the Conservative Party.
The impact of Thatcherism, 1979–1987 (A-level only)
