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Which country started privatisation of state-owned enterprises as a major state policy?
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- UK under Margaret Thatcher
- Russia in CIS
- Mexico, Argentina and Brazil
- Italy, France and Malaysia
Correct Option: A
The United Kingdom, Under Margaret Thatcher started privatization of state-owned enterprises as a major state policy. The Ridley report devised for the Thatcher shadow cabinet, recommended a policy of breaking up the public sector and dismembering unions.