Concept
Early 1980s recession
Related concepts (14)
Pound sterling
Sterling (ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound (sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. In British English, its most common nickname is "quid." Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception.
Liverpool
Liverpool is a city and metropolitan borough in Merseyside, North West England, with a population of 500,500 in 2022. The city is part of a broader metropolitan area that is the fifth largest in the United Kingdom, with a population of 2.24 million. A historic port city, Liverpool lies on the eastern side of the Mersey Estuary adjacent to the Irish Sea. The city was an important part of the Industrial Revolution in Great Britain and a vital hub for trade. The city celebrated its 800th anniversary in 2007 and was named the 2008 European Capital of Culture.
Margaret Thatcher
Margaret Hilda Thatcher, Baroness Thatcher (; 13 October 1925 - 8 April 2013), was a British stateswoman and Conservative politician who served as Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party from 1975 to 1990. She was the first female British prime minister and the longest-serving of the 20th century. As prime minister, she implemented economic policies that became known as Thatcherism. A Soviet journalist dubbed her the "Iron Lady", a nickname that became associated with her uncompromising politics and leadership style.
Ronald Reagan
Ronald Wilson Reagan (ˈreɪɡən ; February 6, 1911 - June 5, 2004) was an American politician and actor who served as the 40th president of the United States from 1981 to 1989. A member of the Republican Party, his presidency constituted the Reagan era, and he was considered one of the most prominent conservative figures in the United States. Reagan graduated from Eureka College in 1932 and began to work as a sports broadcaster in Iowa. In 1937, Reagan moved to California, where he became a well-known film actor.