The Economy of Great Britain - Реферат

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Работа по английскому языку об экономике Великобритании. Выполнена на английском языке с дальнейшим переводом на русский язык и словарем. British industry as a element of economy. The Economy of Great Britain. Great Britain is highly industrialized.

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(For higher income groups the reduction was greater, at the top rate from S3 per cent to 40 per cent) This did not lead to any loss in revenue, since at the lower rates fewer people tried to avoid tax. At the same time, however, the government doubled Value Added Tax (VAT) on goods and services to 15 per cent. The most notable success of Thatcherism was the privatisation of previously wholly or partly government-owned enterprises. Indeed, other countries, for example Canada, France, Italy, Japan, Malaysia and West Germany, followed the British example. The government believed that privatisation would increase efficiency, reduce government borrowing, increase economic freedom, and encourage wide share ownership. By 1990 20 per cent of the adult population were share owners, a higher proportion than in any other Western industrialised country. There was no question of taking these enterprises back into public ownership, even by a Labour government. Despite such changes, however, by 1990 Britains economic problems seemed as difficult as ever. The government found that reducing public expenditure was far harder than expected and that by 1990 it still consumed about the same proportion of the GNP as it had ten years earlier. Inflation, temporarily controlled, rose to over 10 per cent and was only checked from rising further by high interest rotes which also had the side effect of discouraging economic growth. In spite of reducing the power or the trade unions, wage demands (most notably senior management salaries) rose faster than prices, indicating that a free labour market did not necessarily solve the wages problem. Перевод Британская промышленность, как элемент экономики Люди в странах лежащих на Британских островах часто называют жителями Соединенного Королевства Англии.

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