Application/Examples Flashcards
(6 cards)
1
Q
Give examples of state owned businesses
A
- Channel 4
- Network rail
- ScotRail (2022)
- Scunthorpe Steel
2
Q
What body regulates Octupus maximum prices
A
Ofgem
3
Q
Give an example of a sector that has been recently subsidised by the UK government
A
Renewable energy
4
Q
What industry is most associated with minimum price control in Scotland
A
Alcohol
5
Q
Examples of privatised businesses and whether or not it was positive
A
Royal mail: increased efficiency and innovation in automation & parcel services
but reduced equity: deprioritized rural areas and underpaid workers leading to strikes
6
Q
A
