Free-market economics and privatisation
What Free-market economics and privatisation means in History A-Level, as defined for Pearson Edexcel.
Definition of Free-market economics and privatisation
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Reference: Pearson Edexcel
Core ideas of Thatcherism that included free markets and privatisation, alongside monetarism, tax cuts and trade union reform.
Topics that use Free-market economics and privatisation
- What impact did Thatcher’s governments (1979–90) have on Britain, 1979–97? (Pearson Edexcel A-Level)
Related terms
- Deindustrialisation and the North-South divide
- Electoral dominance and opposition
- Extra-parliamentary protest and industrial conflict
- Monetarism and inflation control
- Party political realignment and internal factionalism
- Party realignment and the end of consensus
- Privatisation and deregulation
- Public spending and the welfare state
Using Free-market economics and privatisation in the exam
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