Margaret Thatcher in United Kingdom

Margaret Thatcher History

Conservative politician and Prime Minister from 1979-1990. Moved the party further to the right and privatised nationalised industries. Believed in the free market. Thatcherism developed as a right-wing political philosophy. Decided to fight when Argentina invaded the Falklands in 1982. Controversially closed down many mines, famously clashing with miners. After the economic boom of the 80s, the Thatcher government plummeted the United Kingdom into the worst recession since 1929, with massive loss of jobs.