What are they key elements of Monetarism? Why did monetarist ideas become so influential during the 1970s (discuss with particular reference to the UK economy)? “Inflation is always and everywhere a monetary phenomenon.”[1] Monetarism is an economic movement and school of thought focussing on the supply of and demand for money as the primary means of regulating economic activity. It rose to popularity in the 1970s along with the neo-liberal movement as a whole‚ when certain Governments adopted
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The Oxford English Dictionary defines conflict as "a state of opposition ... the clashing of opposed principles...the opposition of incompatible wishes or needs". Change is "the act or an instance of making or becoming different." It is not surprising‚ then‚ that organisations experience tensions when new strategies are introduced‚ as it is at just such times that established principles and methods are most likely to be challenged‚ altered or jettisoned. The present environment in
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Free Essays - Social Policy Essays Modern welfare state development is generally considered to lead to social security or benefits payments‚ social housing provision‚ health provision‚ social work and educational services. Together these services are known as the ’big five ’ but these services tend to develop over time and have differed in quantity‚ availability and quality. Provision and development can change due to social‚ economic and political factors (Spicker‚ 1995‚ p. 3). State provision
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leader of the Conservative Party already 30 years ago‚ when women in such high political positions were basically non-existent. She was one of the forerunners for the emancipated women in today’s world. She was nicknamed “the Iron Lady” and the term Thatcherism was invented to describe her distinctive style and content of her politics. So what set her apart from the others; how was it possible for her to become Britain’s first female Prime Minister‚ a feat that no other woman so far could duplicate?
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she was always right. Moreover‚ when she took office‚ Britain was in desperate need for change. Economical issues was tearing the country down‚ and Thatcher intended to do something about it. Her political views can be summarized in one word‚ Thatcherism. Privatization‚ low tax‚ a small state and independence were the main principals in this theory‚ a theory in which redefined British
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‘Margaret Thatcher’s achievements as Prime Minister in the years 1979-1990 were limited.’ Assess the validity of the statement. Margaret Thatcher’s political career has been one of the most remarkable of modern times she served as British Prime Minister for more than eleven years (1979-90)‚ a record unmatched in the twentieth century. During her term of office she reshaped almost every aspect of British politics‚ reviving the economy‚ reforming outdated institutions‚ and reinvigorating the
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to distance themselves from their party and government has increased‚ developing a personal ideological stance. Prime Ministers such as Blair and Thatcher are key examples. Both Prime Ministers have developed their own stances: ‘Blairism’ and ‘Thatcherism’. Blair‚ for example‚ had really bad attendance at Parliament and his Cabinet Ministers have been quoted as saying that: Cabinet meeting sometimes lasted only fifteen minutes. This shows that Blair had a tendency to act like a president. It can
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groups use direct action? (10) (c) To what extent are the largest pressure groups the most successful ones? (25) (Total for Question 2 = 40 marks) 3 (a) Define two functions of a political party. (5) (b) Explain what is meant by the term Thatcherism. (10) (c) To what
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prime minister distances themselves from their parties or government by presenting themselves through the use of a personal ideological stance‚ both Thatcher and Blair did this in their governments and have brought new ideologies by the names of Thatcherism and Blairism to politics. ’Populist outreach’ has become a tendency for prime ministers to attempt to relate with the members of the public by revealing their deepest hopes and fears for the country as reflected by prime ministers speaking for
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TUESDAY 9 APRIL 2013 WWW.THEDAY.CO.UK Britain’s ‘Iron Lady’ prime minister dies Margaret Thatcher‚ the first female prime minister of the UK‚ has died aged 87. Her vision and determination has left an indelible mark in Britain and beyond – for better or for worse. GOVERNMENT & POLITICS HISTORY Shaping the nation: Margaret Thatcher at her desk in Downing Street‚ 1987 © Getty Images ance on powerful trade unions. Thatcher was elected on a promise of radical change; and she kept her word
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