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History
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Although her conservative philosophy met with approval, during her first two terms unemployment nearly tripled, the number of poor people increased, and bankruptcies resulted from her efforts to curb inflation. Thatcher became known as the "Iron Lady" because of her strict control over her cabinet and the country's economic policies...
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Extending her firm approach into foreign relations, she helped Zimbabwe (formerly Rhodesia) establish independence in 1980 and two years later she oversaw the successful British seizure of the Falkland Islands from Argentina. This victory led to her landslide re-election in 1983. During her third term Thatcher continued the "Thatcher revolution" by returning education, health care, and housing to private control...
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