Solution:
Given:

To get the local maximum and minimum point, we differentiate the function twice.

To get the maximum and minimum points, we differentiate further,
![\begin{gathered} f^(\prime)(x)=4x^3-4x \\ f^(\doubleprime)(x)=12x^2-4 \\ \\ \text{Inputting the critical points into f''(x),} \\ \text{when x = -1,} \\ f^(\doubleprime)(-1)=12(-1)^2-4=12-4=8 \\ S\text{ ince f''(x)>0, then this is a minimum point.} \\ x=-1\text{ is a minimum} \\ \\ \\ \text{when x = 1,} \\ f^(\doubleprime)(1)=12(1^2)-4=12-4=8 \\ S\text{ ince f''(x)>0, then this is a minimum point.} \\ x=1\text{ is a minimum} \\ \\ \text{when x = 0,} \\ f^(\doubleprime)(0)=12(0^2)-4=0-4=-4 \\ S\text{ ince f''(x)<0, then this is a maximum point.} \\ x=0\text{ is a maximum} \end{gathered}]()
Thus,

The graph is as shown below;
Therefore,
The local minimum occurs at (-1,-1) and (1,-1)
The local maximum occurs at (0,0)