Appeasement is a diplomatic policy aimed at avoiding war by making concessions to an aggressor. Historian Paul Kennedy defines it as "the policy of settling international quarrels by admitting and satisfying grievances through rational negotiation and compromise, thereby avoiding the resort to an armed conflict which would be expensive, bloody, and possibly dangerous." Kennedy's definition has been widely cited by scholars. Appeasement was used by European democracies in the 1930s who wished to avoid war with the dictatorships of Germany and Italy, bearing in mind the horrors of World War I.

The term is most often applied to the foreign policy of the British Prime Minister Neville Chamberlain towards Nazi Germany between 1937 and 1939. His policies of avoiding war with Germany have been the subject of intense debate for seventy years among academics, politicians and diplomats. The historians' assessments have ranged from condemnation for allowing Hitler to grow too strong, to the judgement that he had no alternative and acted in Britain's best interests. At the time, these concessions were widely seen as positive, and the Munich Pact among Germany, Britain, France and Italy prompted Chamberlain to announce that he had secured "peace for our time".

Arthur Neville Chamberlain FRS (18 March 1869 – 9 November 1940) was a British Conservative politician who served as Prime Minister of the United Kingdom from May 1937 to May 1940. Chamberlain is best known for his appeasement foreign policy, and in particular for his signing of the Munich Agreement in 1938, conceding the Sudetenland region of Czechoslovakia to Germany. When Adolf Hitler continued his aggression by invading Poland, Britain declared war on Germany on 3 September 1939, and Chamberlain led Britain through the first eight months of the Second World War.

After working in business and local government and after a short spell as Director of National Service in 1916 and 1917, Chamberlain followed his father and older half-brother in becoming a Member of Parliament in the 1918 general election at age 49. He declined a junior ministerial position, remaining a backbencher until 1922. He was rapidly promoted in 1923 to Minister of Health and then Chancellor of the Exchequer. After a short Labour-led government, he returned as Minister of Health, introducing a range of reform measures from 1924 to 1929. He was appointed Chancellor of the Exchequer in the National Government in 1931.

Vernon Bogdanor, CBE, FBA /ˈbɒɡdənɔr/ (born 1943) is Research Professor at the Institute for Contemporary History at King's College London, and a Fellow of Brasenose College, University of Oxford. He is one of Britain's foremost constitutional experts and has written extensively on political and constitutional issues. He is an advocate of constitutional reform including proportional representation, but supports the retention of the British Monarchy.

Educated at Bishopshalt School, Vernon Bogdanor gained his Bachelor of Arts in Philosophy, Politics, and Economics (with congratulatory First Class honours) from The Queen's College, Oxford. He has been Fellow and Tutor in Politics at Brasenose College, Oxford, since 1966, where he has been Senior Tutor (1979–85 and 1996–97), Vice-Principal, and (in 2002-03) Acting Principal. He is a Fellow of the British Academy, and an Honorary Fellow of the Society for Advanced Legal Studies. In 1998 he was awarded the CBE for contributions to constitutional history, and in 2009 he was appointed Chevalier in the Légion d'honneur.

Margaret Hilda Thatcher, Baroness Thatcher, LG, OM, PC, FRS, née Roberts (born 13 October 1925) is a British politician and the longest-serving (1979–1990) British prime minister of the 20th century, and the only woman ever to have held the post. A Soviet journalist nicknamed her the "Iron Lady", which later became associated with her uncompromising politics and leadership style. As prime minister, she implemented conservative policies that have come to be known as Thatcherism.

Originally a research chemist before becoming a barrister, Thatcher was elected Member of Parliament (MP) for Finchley in 1959. Edward Heath appointed her Secretary of State for Education and Science in his 1970 government. In 1975 Thatcher defeated Heath in the Conservative Party leadership election and became Leader of the Opposition, as well as the first woman to lead a major political party in the United Kingdom. She became prime minister after winning the 1979 general election.

After entering 10 Downing Street, Thatcher introduced a series of political and economic initiatives to reverse what she perceived as Britain's precipitous national decline. Her political philosophy and economic policies emphasised deregulation (particularly of the financial sector), flexible labour markets, the privatisation of state-owned companies, and reducing the power and influence of trade unions. Thatcher's popularity during her first years in office waned amid recession and high unemployment, until economic recovery and the 1982 Falklands War brought a resurgence of support, resulting in her re-election in 1983. Thatcher was re-elected for a third term in 1987, but her Community Charge (popularly referred to as "poll tax") was widely unpopular and her views on the European Community were not shared by others in her Cabinet. She resigned as Prime Minister and party leader in November 1990, after Michael Heseltine launched a challenge to her leadership.