Northern Ireland's Economy in the 1980's (Leaving Cert History): Flashcards
📚Flashcards
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14 cards from this deck
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Practise the cards
14 cards from this deck
Thatcher's economic principles in NI (1980s)
Thatcher's economic principles in NI (1980s)
Neo-liberal: free markets, privatisation, reduced state role
Thatcher's key strategy for state-owned industries
Thatcher's key strategy for state-owned industries
Privatising them
3 areas affected by Thatcher's spending cuts in NI
3 areas affected by Thatcher's spending cuts in NI
Social services, housing, employment programmes
Traditional NI industries that faced decline under Thatcher
Traditional NI industries that faced decline under Thatcher
Shipbuilding and textiles
Why was public sector a major employer in NI?
Why was public sector a major employer in NI?
Lack of private sector opportunities
3 challenges unique to NI affecting economic policies
3 challenges unique to NI affecting economic policies
Ongoing violence, political instability, social division
What was Harland and Wolff?
What was Harland and Wolff?
Historic shipyard, symbol of NI's industrial strength
When was Harland and Wolff privatised?
When was Harland and Wolff privatised?
1989
What was Short Brothers?
What was Short Brothers?
Aerospace company that underwent privatisation
Community most affected by public sector job losses
Community most affected by public sector job losses
Nationalist community
Public response to Thatcher's economic approach in NI
Public response to Thatcher's economic approach in NI
Highly controversial and widely unpopular
Unionist community's view on Thatcher's economic policies
Unionist community's view on Thatcher's economic policies
Initially supportive, became increasingly disillusioned
Effect of Thatcher's policies on nationalist community
Effect of Thatcher's policies on nationalist community
More severe, exacerbated high unemployment
Overall view of Thatcher's economic approach in NI
Overall view of Thatcher's economic approach in NI
Widely viewed as a failure
