The New Right 1970's

Description

Mind Map on The New Right 1970's, created by brabbitt on 30/10/2013.
brabbitt
Mind Map by brabbitt, updated more than 1 year ago
brabbitt
Created by brabbitt almost 11 years ago
33
1

Resource summary

The New Right 1970's
  1. Deregulation of the economy so that the state does less and private companies do more. The state will not prevent private companies from being established
    1. Disengagement: state owned companies would not be bailed out by the taxpayer even if it meant people losing jobs.
      1. Trade Unions had too much power. They were preventing companies from modernising and their excessive wage demands were causing rising prices making UK industry uncompetitive.
        1. Low taxation: Lower taxes give people an incentive to earn more, generating more wealth, meaning they would be less dependent upon government services.
          1. Dependency culture: Generous welfare benefits were acting as a disincentive for families to go to work. Benefits needed to be reduced.
            1. Government spending needed to be limited and reduced. The less money which government spends then private companies will be able to spend more.
              Show full summary Hide full summary

              Similar

              English Literary Terminology
              Fionnghuala Malone
              New Possibilities with ExamTime's Flashcard Maker
              Andrea Leyden
              Main People in Medicine Through Time
              Holly Bamford
              French diet and health vocab
              caitlindavies8
              GCSE CHEMISTRY UNIT 2 STRUCTURE AND BONDING
              mustafizk
              Edexcel Additional Science Biology Topic 1
              hchen8nrd
              Biology B1.3
              raffia.khalid99
              AS Biology Unit 1
              lilli.atkin
              PSYA1 - attachment, AQA psychology
              T W
              regular preterite tense conjugation -ar verbs
              Pamela Dentler
              Macbeth Quotes To Learn
              Sophie Brokenshire