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'''Margaret Hilda Roberts Thatcher''', later Baroness Thatcher of Kesteven (born October 13, 1925), became the leader of the Conservative Party in [[The United Kingdom]] in February 1975. She was opposed to socialism and out-of-control union power which had brought down the previous Conservative government in 1974. She ran on these issues which resulted in her being chosen as Prime Minister in May 1979 with the Conservatives sweeping into power.  

'''Margaret Hilda Roberts Thatcher''', later Baroness Thatcher of Kesteven (born October 13, 1925), became the leader of the Conservative Party in [[The United Kingdom]] in February 1975. She was opposed to socialism and out-of-control union power which had brought down the previous Conservative government in 1974. She ran on these issues which resulted in her being chosen as Prime Minister in May 1979 with the Conservatives sweeping into power.  

Lady Thatcher sold many of the nationalized industries back to private investors and made tax cuts. Thatcher stood up against the powerful Labour Party unions, thus encouraging the British coal and newspaper industries by breaking the power of the unions who had a stranglehold over these industries. Due to her strong standards and her leadership style, she became known as the "Iron Lady," a term originally coined as an insult by the communist [[Soviet Union]], but one she adopted with glee. Another famous statement of hers is that "the lady is not for turning" Thatcher was always a strong supporter of the the United States, and was a good friend of President [[Ronald Reagan]], uniting with him in actions against the Communists.  

Lady Thatcher sold many of the nationalized industries back to private investors and made tax cuts. Thatcher stood up against the powerful trade unions, thus encouraging the British coal and newspaper industries by breaking the power of the unions who had a stranglehold over these industries. Due to her strong standards and her leadership style, she became known as the "Iron Lady," a term originally coined as an insult by the communist [[Soviet Union]], but one she adopted with glee. Another famous statement of hers is that "the lady is not for turning" Thatcher was always a strong supporter of the the United States, and was a good friend of President [[Ronald Reagan]], uniting with him in actions against the Communists.

She led Britain to victory against [[Argentina]] in a 1982 war over ownership of the [[Falkland Islands]], and though the United States was allied with both countries,  and did initially try to broker a negotiated settlement. When that failed,  the U.S. supported Britain and not Argentina with vital intelligence information. There is still debate as to the extent to which the war was contrived, as victory in a conflict would have suited both the Argentine [[Junta]] and the then unpopular Thatcher. The conflict led to a strong friendship with the Chilean military, [[Pinochet]].

She led Britain to victory against [[Argentina]] in a 1982 war over ownership of the [[Falkland Islands]], and though the United States was allied with both countries,  and did initially try to broker a negotiated settlement. When that failed,  the U.S. supported Britain and not Argentina with vital intelligence information. There is still debate as to the extent to which the war was contrived, as victory in a conflict would have suited both the Argentine [[Junta]] and the then unpopular Thatcher. The conflict led to a strong friendship with the Chilean military dictator [[Pinochet]].

Thatcher won three elections between 1979 and decision not to stand for a second party vote in 1990, when it became apparent she wouldn't have the needed votes.  Margaret Thatcher was the longest serving Prime Minister in more than 150 years, and alongside Winston Churchill, many consider her to be one of the two most important British political leaders of the twentieth century.

Thatcher won three elections between 1979 and decision not to stand for a second party vote in 1990, when it became apparent she wouldn't have the necessary votes.  Margaret Thatcher was the longest serving Prime Minister in more than 150 years, and alongside Winston Churchill, many consider her to be one of the two most important British political leaders of the twentieth century.

Her regime was controversial however. Social mobility decreased, whilst education and the [[National Health Service]] suffered a number of cuts. [[Unemployment]] rose to unprecedented levels, exceeding one in ten, and the method of counting was regularly altered to lower the published figures. Many of her actions in the north of England seemed petulant, infamously the sudden closure of much of the mining industry, whilst refusing to interfere with the consequences.

Her regime was controversial however. Social mobility decreased, whilst education and the [[National Health Service]] suffered a number of cuts. [[Unemployment]] rose to unprecedented levels, exceeding one in ten, and the method of counting was regularly altered to lower the published figures. Many of her actions in the north of England seemed petulant, infamously the sudden closure of much of the mining industry, whilst refusing to interfere with the consequences.  

She fundamentally moved the British economy from an industrialist model, to a financial, speculative economy. This shift also served to undermine trade union power with fewer people in stable long term employment and instead in the service industry.

She fundamentally moved the British economy from an industrialist model, to a financial, speculative economy. This shift also served to undermine trade union power with fewer people in stable long term employment and instead in the service industry.