Margaret Thatcher

Running Head : MARGARET THATCHER

Margaret Thatcher

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Margaret Thatcher

The phenomenon of Margaret Hilda Thatcher shook the world up in the 1980s , which are called The Thatcher Decade ' in the Great Britain Thatcher achieved a record in British history of the 20th century not just because she was the only female leader of the Tories and the only woman to become British Prime Minister . Currently a Baroness , Margaret Thatcher will , undoubtedly , remain in people 's minds as one of the brightest political personalities and

reformers of that epoch . She played a great role in transforming Great Britain 's economy through strong will and determination , leaving behind a legacy that has both spurred confidence and anger amongst her countrymen and the world

Thatcher was born in 1925 to a family of grocery retailers in a little town of Grantham . The years of her youth were darkened by the events of the World War II which had a huge influence on Margaret and formed her conservative political viewpoints . After graduating from Oxford University and receiving a degree in chemistry , she worked as a chemistry researcher combining this occupation with studying jurisprudence . Ambitious lady was planning to become a politician and her marriage to Denis Thatcher , a rich divorced businessman and convinced conservative , made her career rise easier and smoother

In 1959 she won a seat in the House of Commons and spent a decade in the Parliament under domination of the opponents , the Labour Party . In 1970 when the Tories came to power again , Thatcher was appointed as the Minister of Education , and during her tenure she undertook a series of controversial but determined steps , earning a reputation of a brave and strong-minded woman . Soon Thatcher won the ballot to lead the conservatives , and in 1979 she became the first female British Prime Minister . Coming into office , Thatcher was destined to face an extreme challenge : to treat the .pathetic sick man of Europe ' and find a cure for British Disease (Geelhoed 9

In the end of the 1970s the Great Britain was absorbed by a heavy economic crisis , accompanied by such negative outcomes as high inflation , arrogance of governmental bodies , social decadence and so on But Thatcher came to power with her own detailed program of economic recovery , in which such measures as lowering inflation rate , decreasing governmental spending and structured fiscal reformation were set as the priorities . Using her great political intuition she managed to form her Cabinet from loyal and motivated supporters of her strategic program which is now known as Thatcherism (Evans

Thatcher positioned herself as a tough and equitable fighter with socialism . She seized the reins of power in those times when socialistic ideas were dominating in Britain , they rooted into British society so much that conservatives were considered to be brakes of a broken car Powerful left-wing unions were keeping the situation in labor market under their control following the policies of keeping unprofitable mines and not-paying businesses . Not a stable...