Thatcher Keywords

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  • Created by: RihanaB
  • Created on: 05-04-17 21:33
Define Inflation
Increase in prices and fall in value of money
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Define Monetarism
Reducing amount on 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
Someone who sticks to their beliefs and rejects consensus and compromise
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What was her Economic Outlook?
Against: Dependency- only vulnerable like eldery should be. High level of tax- believed people should have more money to spend. Against debt and powerful unions. Wanted privatisation to make industry and economy more efficient
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Define Rule of Law
Believing and trusting the law. She believed Britons should obey and trust the law.
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Define Nationalism
She was a believer of Britishness. (British values like democracy and hard-work should be celebrated)
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Other cards in this set

Card 2

Front

Define Monetarism

Back

Reducing amount on money in economy to keep inflation down

Card 3

Front

Define Recession

Back

Preview of the front of card 3

Card 4

Front

Define Conviction Politics

Back

Preview of the front of card 4

Card 5

Front

What was her Economic Outlook?

Back

Preview of the front of card 5
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