The Economic Impact of the Troubles - Foreign Investment, religion and social class (Leaving Cert History): Flashcards

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The Economic Impact of the Troubles - Foreign Investment, religion and social class
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What triggered the Oil Crisis in October 1973?

A war in the Middle East involving Israel and Arab countries.

How much did oil prices rise during the Oil Crisis?

Oil prices increased by 70% almost overnight.

Which countries were most impacted by the Oil Crisis?

The US and Western European nations faced major impacts.

What was the impact of the UWC strike in 1974?

It severely damaged Northern Ireland's economy.

What was the annual economic growth from 1973 to 1979?

The economy grew by only 1.9% per annum.

What happened to Harland and Wolff in 1974?

It was taken into State ownership to avoid closure.

What is the Ulster problem primarily about?

A conflict of national identity between communities.

How did religious identities affect Northern Ireland?

Catholics and Protestants shaped distinct community lives.

What was unusual regarding mixed marriages?

Mixed marriages were rare and often met with hostility.

How did social class shape identity in Northern Ireland?

Protestants often identified as British; Catholics varied widely.

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