Economic Developments: The 'Big Bang'

Question 1

What was the ‘Big Bang’?

Answer 1

The explosion in the amount of people and money made in the London Stock Market in the late 1980s

Question 2

What caused the ‘Big Bang’?

Answer 2

The Financial Deregulation of the London Stock Market

Question 3

When did the ‘Big Bang’ occur?

Answer 3

October 1986

Question 4

Who had access to the London Stock Market before the Financial Deregulation?

Answer 4

The wealthiest and most well-connected people in British Society

Question 5

Who had access to the London Stock Market after the Financial Deregulation?

Answer 5

Everyone in the whole world

Question 6

What happened with foreign interest after the Big Bang?

Answer 6

Many foreign entities flocked to the Big Bang financial explosion

Question 7

What was the case for the London Stock Market by 2000?

Answer 7

It had become the worlds leading financial centre

Question 8

What was significant about the London Stock Market’s title in 2000?

Answer 8

The London Stock Market had not had this title since 1914