#41 Margaret Thatcher

Margaret Thatcher was a British politician who first was a Conservative member of parliament. She rose through the ranks and eventually became Prime Minister.She advocated for privatizing state-owned industries/utilities, reforming trade unions, lowering taxes, and reducing expenditure. During her time in office, unemployment drastically rose. She developed a close political relationship with Ronald Reagan because of their mutual distrust of communism. She earned the nickname of "The Iron Lady" from the Soviets. Soviet leader Mikhail Gorbachev was welcomed by her, as a reformist.