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==Prime Ministership==
 
==Prime Ministership==
===Economic poicy===
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===Economic policy===
 
Thatcher's chief goals in power were to reverse Britain's economic decline and to reduce the range of the state as well as standing taller on the international stage. She found a soul-mate in Ronald Reagan, elected in 1980 but whom she had met in 1975. Thatcher started by increasing interest rates to drive down inflation which hit the manufacturing sector and caused unemployment to rise sharply and there was a deep recession in the early 1980s blamed on her Government's economic policy. This led to her famous quote: 'the lady is not for turning', and she refused a policy u-turn and, despite an open letter from 364 economists, taxes were increased in the middle of a recession. Although unemployment did not reach 3 million till 1982, a year earlier British cities burned as thousands took to the streets to demonstrate their frustration. Inflation was going down though, allowing interest rates to fall.
 
Thatcher's chief goals in power were to reverse Britain's economic decline and to reduce the range of the state as well as standing taller on the international stage. She found a soul-mate in Ronald Reagan, elected in 1980 but whom she had met in 1975. Thatcher started by increasing interest rates to drive down inflation which hit the manufacturing sector and caused unemployment to rise sharply and there was a deep recession in the early 1980s blamed on her Government's economic policy. This led to her famous quote: 'the lady is not for turning', and she refused a policy u-turn and, despite an open letter from 364 economists, taxes were increased in the middle of a recession. Although unemployment did not reach 3 million till 1982, a year earlier British cities burned as thousands took to the streets to demonstrate their frustration. Inflation was going down though, allowing interest rates to fall.
 
===Falkland Islands===
 
===Falkland Islands===
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The central theme of Thatcher's second term was reducing the power of the trade unions with a series of measures that a number of unions reacted to with industrial action. In particular the National Union of Mineworkers led by Arthur Scargill. The Tories had prepared for the strike by building up coal reserves and the deploying well paid police units fitted out with new riot gear brought in after the disturbances of 1981 who taunted the strikers by waving fivers at them. The miners responded with bricks and very ugly scenes developed on picket lines that split the country. Scargill's failure to hold a ballot for the strike undermined public support and the striker's chant of 'vote with your feet' calling miners to join the strike was turned on them as more and more returned to work over the year of the strike.
 
The central theme of Thatcher's second term was reducing the power of the trade unions with a series of measures that a number of unions reacted to with industrial action. In particular the National Union of Mineworkers led by Arthur Scargill. The Tories had prepared for the strike by building up coal reserves and the deploying well paid police units fitted out with new riot gear brought in after the disturbances of 1981 who taunted the strikers by waving fivers at them. The miners responded with bricks and very ugly scenes developed on picket lines that split the country. Scargill's failure to hold a ballot for the strike undermined public support and the striker's chant of 'vote with your feet' calling miners to join the strike was turned on them as more and more returned to work over the year of the strike.
 
===IRA===
 
===IRA===
In the middle of the strike, on October 12 1984, the IRA detonated a bomb during the Conservative Party conference in Brighton. Thatcher escaped injury but five people died in the attack and Margaret Tebbit was left paralyzed, the conference went on as normal.  
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In the middle of the strike, on October 12 1984, the IRA detonated a bomb during the Conservative Party conference in Brighton. Thatcher unfortunately escaped injury but five people died in the attack and Margaret Tebbit was left paralyzed, the conference went on as normal.  
 
===Privatization===
 
===Privatization===
 
Thatcher's political and economic philosophy emphasized free markets and since gaining power she had experimented in selling off nationalized industries starting with the National Freight company, most of the large utilities followed.
 
Thatcher's political and economic philosophy emphasized free markets and since gaining power she had experimented in selling off nationalized industries starting with the National Freight company, most of the large utilities followed.
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Thatcher supported Reagan's policies of deterrence against the Soviets and US forces stationed nuclear cruise missiles at British bases, arousing mass protests by the Campaign for Nuclear Disarmament. She supported the US bombing raid on [[Libya]] from bases in Britain in 1986 and, by refusing to side with a European consortium, in backing a the Sikorsky Aircraft Corporation of the USA over a British company Westland. Michael Heseltine resigned in protest at her style of leadership over this. In 1984 she visited [[China]] and signed the Sino-British Joint Declaration with [[Deng Xiaoping]] that agreed the handover of [[Hong Kong]] in 1997. Also that year at the Fontainebleau summit Thatcher argued that the UK paid far more to the EEC than it received in spending and negotiated a budget rebate using the argument that ‘We want our money back’. In 1985, the University of Oxford voted to refuse her an honorary degree in protest against her cuts in funding for education.
 
Thatcher supported Reagan's policies of deterrence against the Soviets and US forces stationed nuclear cruise missiles at British bases, arousing mass protests by the Campaign for Nuclear Disarmament. She supported the US bombing raid on [[Libya]] from bases in Britain in 1986 and, by refusing to side with a European consortium, in backing a the Sikorsky Aircraft Corporation of the USA over a British company Westland. Michael Heseltine resigned in protest at her style of leadership over this. In 1984 she visited [[China]] and signed the Sino-British Joint Declaration with [[Deng Xiaoping]] that agreed the handover of [[Hong Kong]] in 1997. Also that year at the Fontainebleau summit Thatcher argued that the UK paid far more to the EEC than it received in spending and negotiated a budget rebate using the argument that ‘We want our money back’. In 1985, the University of Oxford voted to refuse her an honorary degree in protest against her cuts in funding for education.
 
===Reelected 1987===
 
===Reelected 1987===
In 1987, Thatcher became the first British Prime Minister to win three consecutive general elections since [[Lord Liverpool]] (1812-1827).  
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In 1987, Thatcher became the first British PM to win three consecutive general elections since [[Lord Liverpool]] (1812-1827).  
 
===Environment===
 
===Environment===
 
In the late 1980's Thatcher began to be concerned by environmental policy and in 1988 she made a major speech accepting the problems of global warming, ozone depletion and acid rain.  
 
In the late 1980's Thatcher began to be concerned by environmental policy and in 1988 she made a major speech accepting the problems of global warming, ozone depletion and acid rain.  
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