- Join over 1.2 million students every month
- Accelerate your learning by 29%
- Unlimited access for just £4.99 per month
What is Thatcherism? Did it Suceed?
- Essay length: 1200 words
- Submitted: 18/05/2009
The first 200 words of this essay...
What is Thatcherism? Did it Suceed?
In 1979 Margaret Thatcher took over from James Callaghan as Prime Minister. On being appointed she appealled, in the words of Francis of Assisi for help in bringing harmony when there is discord. For the next eleven years Margaret Thatcher was Prime Minister winning an incredible three general elections. During this time, though, her style was anything but harmonious. This style and the policies that came to be associated with them came to be known as Thatcherism.
There are several identifiable aspects of Thatcherism which helped her and her government stay in power for so long and improve the United Kingdom so immeasurably.
Throughout the 1970s Britain had been subjected to a series of damaging strikes and terrific inflation. The Tories 1979 manifesto pledged to encourage private enterprise, lower taxes and restore power to the individual. What Thatcherism was promising at the end of the Seventies was the formula for renewed economic success in Britain through reinvigoration of the supply side of the economy.
The high inflation crisis in Britain's economy was gradually defeated under the Thatcher government. In 1978, domestic production in the U.K. only grew by 1% while
Found what you're looking for?
- Start learning 29% faster today
- Over 150,000 essays available
- Just £4.99 a month
Not the one? We have 100's more
Political Philosophy (view all)
