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Assess the underlying thinking behind conservative economic policy 1979-97.
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Assess The Underlying Thinking Behind Conservative Economic Policy 1979-97 The long term economic goal of the Conservative Government between the years 1979 and 1997 was non-inflationary economic growth with full employment, they employed a number of different policies in the attempt to achieve this state, which would have been considered a complete economic success by the Conservative Government, their critics and the general public. One of the policies that the Conservatives introduced was the end to the commitment to full employment. They refused to intervene during the mass unemployment of the early eighties when over three million people in the UK were unemployed. Their reason for this was justified in that the Thatcherites of the party argued that the operation of the free market caused unemployment. They thought that tackling distortions elsewhere in the market place would solve the unemployment problem and there was no requirement for it to be...
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