Do you agree with the view that Conservative economic policy was a success in the years 1979-1983?
Do you agree with the view that Conservative economic policy was a success in the years 1979-1983?
The Conservative government saw its high and lows from the year 1979 to 1983 however overall it was a success, however this success was only due to the fact that the Conservatives brought about some extreme changes in relation to their economic policy. One of these extreme changes was Thatcher’s adoption of the monetarism. Sources 7 and 9 take into consideration the view that the Conservatives economic policy was a success in the years 1979 to 1983. Source 7 does so by complimenting the success of Thatcherism in the “expanding towns of southern England and East Anglia”. Source 9, comments on the Conservative’s success in decreasing inflation after coming into office. Source 8 directly conflicts with sources 7 and 9 as it shows figures which suggest that unemployment rates and manufacturing output have seen a rapid decrease from the year 1979 and 1984 which the years in which Margaret Thatcher served her first term as Conservative party leader. “Thatcher’s fundamental philosophy of anti-socialist economics prescribed a number of broad objectives” Her basic ideas were that the government basically had to do less in order for it to gain economic success.
The construction industry or “smaller industries” which were thought to be self-sufficient were growing quickly particularly in the south and failed to prosper in the north of England. The reason for this is mainly due to Conservatives economic policy. Although source 7 shows a clear agreement that industries in the south were in fact booming it however fails to recognise the failings in the north of England hence making the source rather subjective. Source 9, states that the “construction industry” and “manufacturing industry” saw greater “prospects” leaving source 9 subjective. Again it fails to state that these industries only existed in the south. The conservative’s economic policies resulted in the loss of much
The Conservative government saw its high and lows from the year 1979 to 1983 however overall it was a success, however this success was only due to the fact that the Conservatives brought about some extreme changes in relation to their economic policy. One of these extreme changes was Thatcher’s adoption of the monetarism. Sources 7 and 9 take into consideration the view that the Conservatives economic policy was a success in the years 1979 to 1983. Source 7 does so by complimenting the success of Thatcherism in the “expanding towns of southern England and East Anglia”. Source 9, comments on the Conservative’s success in decreasing inflation after coming into office. Source 8 directly conflicts with sources 7 and 9 as it shows figures which suggest that unemployment rates and manufacturing output have seen a rapid decrease from the year 1979 and 1984 which the years in which Margaret Thatcher served her first term as Conservative party leader. “Thatcher’s fundamental philosophy of anti-socialist economics prescribed a number of broad objectives” Her basic ideas were that the government basically had to do less in order for it to gain economic success.
The construction industry or “smaller industries” which were thought to be self-sufficient were growing quickly particularly in the south and failed to prosper in the north of England. The reason for this is mainly due to Conservatives economic policy. Although source 7 shows a clear agreement that industries in the south were in fact booming it however fails to recognise the failings in the north of England hence making the source rather subjective. Source 9, states that the “construction industry” and “manufacturing industry” saw greater “prospects” leaving source 9 subjective. Again it fails to state that these industries only existed in the south. The conservative’s economic policies resulted in the loss of much