The Confederation of British Industry (CBI) is a prominent federation of UK companies, primarily from the manufacturing sector. Founded in 1965, the CBI collects information from its members and lobbies the government on various critical matters including economic policy, tax rules, employment legislation, competition policy, and industrial standards.
Explore the definition, history, and key examples of the Old Economy, including how it shaped industrial and manufacturing sectors and its relevance in modern times.
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