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Margaret Thatcher, the first female Prime Minister of the United Kingdom, holds a significant place in both British political history and the broader narrative of global politics in the late 20th century. Serving from 1979 to 1990, she implemented a set of policies that have since been recognized as transformative, particularly in the context of the British labor landscape. Known for her staunch conservative views, Thatcher stood firmly against what she perceived as the excesses of the welfare state, trade union power, and state control over the economy. Her economic philosophy, often referred to as `Thatcherism,` championed free market principles, individual entrepreneurship, and a reduced role for government in economic affairs. This approach was a response to the economic malaise that Britain faced in the 1970s, characterized by high inflation, rising unemployment, and declining industrial output. In her quest to reshape the British economy, Thatcher implemented a series ¡¦(»ý·«)
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