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Margaret Thatcher (What is Thatcherism (Low taxes (Brought down from 83%…
Margaret Thatcher
What is Thatcherism
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Shrinking role of state
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Privatization of British Gas,British Airways, British Telecom
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Legacy
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Increase in poverty
Discrepancy between industrially backward north and industrially advanced south increased, leading to greater people out of jobs. New Labour kept intact economic thatcherism but dealt with its negatives in a more democratic and inclusive way
Comments by Historians
Richard Toye said, "She prided in her 'steadfastness' which others called stubbornness.
He also said, "Her image which she projected emphasized the role of hard work and the essential backstory of her being a grocer's daughter