In 1979, Margaret Thatcher became the first woman to be elected as Prime Minister of England. Known for her conservative views, Margaret Thatcher was also the first British prime minister to win three consecutive terms in the 20th century. A lawyer, Margaret first entered Parliament in 1959, serving in a variety of ministerial positions. In 1974 she was elected leader of the Conservative Party, and brought her party to victory in 1979. Promoting conservative ideals based on free enterprise, she advocated public spending cuts, limited money supply, and raised interest rates. Her privatization programs led to union opposition, labor unrest, and high unemployment rates in England. She earned the nickname "The Iron Lady" because of her hard line against the USSR over their invasion of Afghanistan. When Argentina challenged Britain's right to the Falkland Islands, she went to war, which cemented her nickname. In 1990, she resigned as prime minister, although she remained in Parliament until 1992.
Article by Alexander S
No comments:
Post a Comment