What was Margaret Thatchers main beliefs to boost economy?
Free Market + idea of Neo-liberalism
1 of 5
What did the new conservatives want business to be free from
Government interference/intervention, trade unions and other large powerful corporations
2 of 5
What did they believe was the solution for economic problems?
Free Markets
3 of 5
Where were most large nationalised industries sent off to?
These were sent off into private hands. These include gas, electricity, water, telecommunication, steal and coal industries.
4 of 5
What happened to some industries and financial markets including banks?
Some industries were made open to competition and monopolies were broken up. The financial markets were made more open and competitive and banks were allowed to compete with building societies.
5 of 5
Other cards in this set
Card 2
Front
What did the new conservatives want business to be free from
Back
Government interference/intervention, trade unions and other large powerful corporations
Card 3
Front
What did they believe was the solution for economic problems?
Back
Card 4
Front
Where were most large nationalised industries sent off to?
Back
Card 5
Front
What happened to some industries and financial markets including banks?
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