Thatcherism (11 feb 1975 anni – 28 nov 1990 anni)

Descrizione:

Thatcher used monetarism (1979-1984) which included privatization of state-owned assets,
deregulation (increased competition in product markets and deregulation in the financial industry), reducing the power of trade unions, reducing income tax. Reduced inflation but unemployment rose to three million. Realization that monetarism is a concept that harms the economy.

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