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'''Margaret Hilda Thatcher (nee Roberts)''', later Baroness Thatcher of Kesteven (born October 13, 1925), was [[Prime Minister]] of the [[United Kingdom]] from 1979 to 1990, the first woman to hold the position. Her leadership permanently moved Britain to the right and reshaped the nation's political environment to stress economic growth and international competitiveness. The [[Labour Party]] in response under [[Tony Blair]] jettisoned their old leftist ideas and followed Thatcher-lite programs.
'''Margaret Hilda Thatcher (nee Roberts)''', later Baroness Thatcher of Kesteven (born October 13, 1925), was [[Prime Minister]] of the [[United Kingdom]] from 1979 to 1990, the first woman to hold the position. Her leadership permanently moved Britain to the right and reshaped the nation's political environment to stress economic growth and international competitiveness. The [[Labour Party]] in response under [[Tony Blair]] jettisoned their old leftist ideas and followed Thatcher-lite programs.
Thatcher was chosen to be the leader of the Conservative Party in February 1975, succeeding former Prime Minister [[Edward Heath]]. She was opposed to socialism and out-of-control union power which had brought down the previous Conservative government in 1974. She led the Conservatives to victory in the May 1979 [[General Election]] and thus became Prime Minister.
Thatcher was chosen to be the leader of the Conservative Party in February 1975, succeeding former Prime Minister [[Edward Heath]]. She was opposed to [[socialism]] and out-of-control union power which had brought down the previous Conservative government in 1974. She led the Conservatives to victory in the May 1979 [[General Election]] and thus became Prime Minister.
{{cquote|'''The economic success of the Western world is a product of its moral philosophy and practice. ''The economic results are better because the moral philosophy is superior.'' Choice is the essence of ethics: if there were no choice, there would be no ethics, no good, no evil; good and evil have meaning only insofar as man is free to choose.''' <ref>[http://www.margaretthatcher.org/document/103336 1977 speech by Margaret Thatcher; Zurich Economic Society]</ref>}}
Thatcher sold many of the nationalized industries back to private investors and made tax cuts. She broke the power of the trade unions which stood in the way of the rationalization of the coal industry and modernization of the newspaper industry. 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. A famous statement of hers was that "the lady is not for turning", in reference to calls from within her own party to back down on issues that were important to her. 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.
Thatcher sold many of the nationalized industries back to private investors and made tax cuts. She broke the power of the trade unions which stood in the way of the rationalization of the coal industry and modernization of the newspaper industry. 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. A famous statement of hers was that "the lady is not for turning", in reference to calls from within her own party to back down on issues that were important to her. 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.