How Did Margaret Thatcher Reorient British Economic Policy Upon Becoming

question 2

Multiple Choice

How did Margaret Thatcher reorient British economic policy upon becoming prime minister?

• A)She increased government subsidies for coal mining.
• B)She nationalized the British rail system.
• C)She cut government spending and reduced taxes.
• D)She created measures focused on reducing inequality.
• E)She created new health and education measures to increase employment.

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Definitions:

Statement of Cash Flows

A financial report detailing how variations in income and balance sheet accounts influence cash and cash equivalents, segmented into operating, investing, and financing activities.

Interest Paid

The amount of money paid by a borrower to a lender in return for the use of borrowed funds, calculated as a percentage of the loan amount.

Dividends Paid

Distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders.

Cost of Sales

Direct costs attributable to the production of the goods sold by a company, including material and labor costs.