government policies and globalisation

Question 1

Thatcher’s 4 ideas to achieve free market liberalisation

Answer 1

1. deregulating banks
2. privatising of national rail
3. encouraging business
4. resisting calls for national minimum wage

Question 2

deregulating banks info

Answer 2

allowing stocks and shares

Question 3

privatisation of national services

Answer 3

1994 - rail services
BT internet 1982

Question 4

encouraging business growth info

Answer 4

encouraged more trading, such as Sunday trading in 1994 which encourages economic growth

Question 5

what was thatchers belief

Answer 5

‘trickle-down’ so that the wealth in the rich trickles down to the poorer regions