Thatcher key words

Define Inflation

increase in price and fall in value of money

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Define Monetarism

Reducing amount of money in economy to keep inflation down

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Define Recession

Economic decline. Where trade and industrial activity reduced

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Define Conviction Politics

Sticks to their beliefs and rejects comprising and consensus. (She was this)

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What was her Economic Outook?

Against: Dependency- only vulnerable like eldery should be. High level of tax- believed people should have more money to spend

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Other cards in this set

Define Monetarism

Reducing amount of money in economy to keep inflation down

Define Recession

Define Conviction Politics

What was her Economic Outook?

Get Revising