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THE TWENTIETH CENTURY - Coggle Diagram

- - - - Late 1960s: Economic decline
      - 1973: Oil crisis, long recession
      - 1979: Margaret Thatcher (Conservatives) became PM
      - Policies: Individualism, free markets, privatization
      - Encouraged private management of services, underfunding welfare state
      - Unemployment spread as nationalized industries were sold off
      - 1982: Falklands War, Thatcher won second term
      - Coal mines closed during her third term
      - 1990: Thatcher forced to resign, John Major became PM Labour's Return to Power
      - 1997: Tony Blair (Labour) became PM, modernized party
      - Continued privatization policies
      - 2007: Gordon Brown (Labour) succeeded Blair
      - Decreased popularity, public service cuts, Iraq War
      - 2010: David Cameron (Conservatives) became PM
      - Re-elected in 2015