Resume of page 1 and 2

United kingdom in the reign of the Queen Victoria was the world's leading power for its naval supremacy and world diplomacy.
UK was the country that napoleon rejected because UK wasn't an important country and now become the workshop of the world and could withstand the new industries of others nations.
Although United Kingdom is an small country of Europe, is very important and it counts with a lot of power and supremacy.

Laissez- faire means leave to do or live alone, it relates to economic policies that rely on the power of unregulated markets to deliver the goods. The goods were secure economic growth, international competitiveness and unemployment. This have the minimal government involvement.
Margaret Thatcher who was the Britain's prime minister 1970-1990 wants to follow the ideas of Adam Smith and the Queen Victoria because people doesn't have a secure life and everybody work for other people or classes and they forget work for themshelves. So her idea was to decrease the income tax for stimulate competitiveness and innovation. that way the economy grows, and everyone would benefit theirs life.