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What were the main errors in UK macroeconomic policy in the 1970s? include the drawbacks of: Abolishing gold standard in 1971 There were bad Nationalisation

What were the main errors in UK macroeconomic policy in the 1970s?

include the drawbacks of:

Abolishing gold standard in 1971

There were bad Nationalisation choices but coal was an exception

EEC accession Joining (EU in 1973)

Trade liberalisation and the effect on productivity performance (tarrifs)

Taxation (was it good or bad)

Competition policies in UK

Protectionism

Selective industrial policy

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