government policies and globalisation Flashcards
1
Q
Thatcher’s 4 ideas to achieve free market liberalisation
A
- deregulating banks
- privatising of national rail
- encouraging business
- resisting calls for national minimum wage
2
Q
deregulating banks info
A
allowing stocks and shares
3
Q
privatisation of national services
A
1994 - rail services
BT internet 1982
4
Q
encouraging business growth info
A
encouraged more trading, such as Sunday trading in 1994 which encourages economic growth
5
Q
what was thatchers belief
A
‘trickle-down’ so that the wealth in the rich trickles down to the poorer regions