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New Right conservatism had two conflicting parts: __________ and __________.
economic liberalism and social conservatism.
Neoliberalism is associated with a __________ economy and less government intervention.
free-market
In the 1980s, Thatcher deregulated the stock market in a move known as the __________.
‘big bang’
Thatcher privatised industries that were nationalised after the __________.
second world war.
Privatisation is when publicly owned companies and goods are sold, so __________ individuals and companies own and control them.
private
Privatisation is supposed to make companies more __________ and competitive.
efficient
Neoliberalism believes that individuals are rational and self-interested, termed __________ individualism.
atomistic
For neoliberals, the free market is a guarantee of individual __________.
freedom
The welfare state, according to neoliberals, limits freedom and undermines __________ individualism.
atomistic
New Right conservatism became important in the __________ and __________ in the UK.
1970s and 1980s
Margaret Thatcher and __________ are examples of New Right conservatives.
Ronald Reagan
Neoconservatives believe that societal changes have led to a breakdown of __________ and law and order.
hierarchy
Economic neoliberalism advocates for free markets, minimal state __________, deregulation, and privatization.
intervention
Social conservatism supports traditional values such as __________, religion, and national identity.
family
Thatcherism focused on rolling back the __________, reducing trade union power, and promoting free enterprise.
welfare state
Reaganomics emphasized tax cuts, deregulation, and reducing government spending on __________ programs.
social
The New Right's appeal lies in its promise of economic efficiency paired with __________ stability.
social
In neoliberal view, individuals are seen as __________ who make decisions based on self-interest.
rational beings
Neoconservatives stress the importance of strong __________ and ethical standards.
moral
Neo-liberals believe individuals need less guidance from traditional social __________ and more freedom to pursue their ambitions.
structures
The New Right rose to prominence in the __________.
1980s
Key figures in economic neoliberalism include Friedrich Hayek and __________.
Milton Friedman
Neoconservatives are cautiously optimistic about human potential but believe it needs to be nurtured and __________.
guided
The New Right incorporates both economic and __________ ideologies.
social
Neoliberalism emphasizes individual responsibility and __________.
self-reliance
Neoconservatives advocate for a strong state role in maintaining __________.
law and order
The welfare state is often viewed by neoliberals as creating dependency on state __________.
welfare
The New Right includes aspects of both neoliberalism and __________ conservatism.
social
Atomistic individualism suggests that individuals should have the freedom to pursue their own __________ without interference.
interests
Thatcherism is closely associated with which UK Prime Minister? __________.
Margaret Thatcher
Reaganomics is closely associated with which US President? __________.
Ronald Reagan
Neoconservatives oppose progressive social policies that challenge __________ norms.
traditional
The belief that the free market preserves individual freedom is a key tenet of __________.
neoliberalism
To avoid societal decay, neoconservatives believe individuals need __________ guidance.
moral
The idea that the welfare state undermines atomistic individualism was proposed by __________.
neoliberals
The promise of economic efficiency paired with social stability is a core appeal of the __________ Right.
New
New Right conservatism emphasizes the need for __________ values and authority figures.
traditional
Neoliberals view people as driven by __________ and should be given freedom.
self-interest
Social conservatism advocates for maintaining traditional __________ for a stable society.
values
The 1980s marked the prominence of New Right conservatism in both the UK and the __________.
US
Neoconservatism is characterized by a belief in the importance of social __________.
order
Economic neoliberalism insists on the reduction of state __________ in markets.
intervention
Neoconservatives believe a strong state is necessary to maintain __________ and moral standards.
social order
Reducing———— removes any regulation and makes it easier for businesses to operate and innovate
Bureaucracy
Bureaucracy
Basically a system which neeeds rules and procedures to function smoothly
Note 
Flashcard (21)