1974-79 Politics and Economics

44 flashcardsby emi
Study these flashcardsFree · spaced repetition · iPhone, Android, Mac & web

All cards

1
Who won the Feb 1974 general election?
Harold Wilson PM, leading a minority govt
2
What was the inflation rate in 1974?
15%
3
What was the payment deficit in 1974?
£3bn
4
What was the result of the Feb 1974 GE?
Harold Wilson PM, gets majority of 3
5
What was the Social Contract?
1973, negotiated with the TUC
6
What were Tony Benn and Michael Foot head of?
In charge of Industry and Employment
7
What was the National Enterprise Board?
1974, administer govt shareholding in private companies
8
What happened in March 1976?
Wilson resigns as Prime Minister to James Callaghan
9
When and what was the Lib-Lab Pact?
1977-78, between Steel and Callaghan
10
Who was chancellor for Labour?
Denis Healey
11
How large was the 1976 IMF fund?
£2.3bn
12
When and what was the sterling crisis?
March 1976, falls below $2 in value
13
How was the IMF loan announced?
At the Blackpool Conference hastily, with a 5-minute speech
14
When was Special Category status removed from terrorist prisoners in Ireland?
1976, by Merlyn Rees
15
When were the blanket and dirty protests?
1977-1979, 250+ prisoners taking part
16
When did Amnesty International intervene in the Troubles?
1978
17
List the strikes from 1976-77
- Seamen 1976
- Firemen 1977
- Grunwick Photographic Works 1977
18
When and what was the Winter of Discontent?
1978-79, poor economic state of the country is both scaring and angering people
19
What triggered the Winter of Discontent strikes?
Ford car plant workers receiving a 17% pay rise after striking
20
When was the EEC referendum and what was the outcome?
1975, 2:1 in favour of EEC
21
When did Callaghan lose to a vote of no confidence?
1979, by one vote
22
When did Thatcher become Conservative leader?
1975
23
When were the devolution referendums in Scotland and Wales? And what was the threshold that prevented the 'yes' in Scotland?
1979, 40%
24
When were the three IMF loans?
1964, 1967, 1976
25
Labour majority in Feb 1974
3 seats - hung parliament
26
Labour majority in Oct 1974
42 seats
27
National Enterprise Board
1974, set up to increase investment in industry
28
1975 inflation rate
25%
29
1977-78 spending cuts value
£1bn
30
1978-79 spending cuts value
£1.5bn
31
1978 North Sea oilfields in production
9 in production
32
Fall in inflation rates after loan
25% -> 10%
33
Social Contract
Wilson’s negotiations with TUC to reduce strikes
34
Blanket Protest
1976, political prisoners’ protest due to unfair treatment
35
Dirty Protest
1978, Irish prisoners protest
36
Labour loses majority
1977; cause of Lib-Lab
37
Winter of Discontent trigger
TUC refusal of 1978 proposed wage cap of 5% increase
38
The Sun headline
“Crisis? What crisis?” - Callaghan
39
Special Category status
1976, removed from Irish political prisoners to make them criminals
40
Ulster Workers’ Council Strike
May 1974; collapsed Sunningdale Agreement
41
National Enterprise Board
1974, Tony Benn, aimed to increase investment
42
1974 budget deficit
£3bn inherited
43
Concessions to TUC in Social Contract
Repeal of Industrial Relations Act 1971 and pay rises
44
Labour Conference
1976; Healey had to announce IMF loan
Study all 44 cards for free