Assignment task: Politics and economics are both incorporated into the policy model known as neoliberalism. It seeks to shift economic factors under the control of the private sector and favors private enterprise.
The effective operation of free market capitalism is the primary focus of many neoliberal policies, which also place restrictions on government spending, regulation, and ownership.
Neoliberalism is frequently associated with the leadership of Ronald Reagan, the 40th president of the United States, and Margaret Thatcher, the prime minister of the United Kingdom from 1979 to 1990 (and leader of the Conservative Party from 1975 to 1990).
- Outline the Characteristics of Neoliberalism