Margaret Thatcher’s Achievements as Prime Minister in the...

‘Margaret Thatcher’s achievements as Prime Minister in the years 1979-1990 were limited.’ Assess the validity of the statement. Margaret Thatchers political career has been one of the most remarkable of modern times she served as British Prime Minister for more than eleven years (1979-90), a record unmatched in the twentieth century. During her term of office she reshaped almost every aspect of British politics, reviving the economy, reforming outdated institutions, and reinvigorating the nations foreign policy. She challenged and did much to overturn the psychology of decline, which had become rooted in Britain since the Second World War, pursuing national recovery with striking energy and determination. In the process, Margaret†¦show more content†¦Her economic policies were another success for Thatcher’s regime. Thatcher’s policies were monumental changes for Britain. Privatisation and deregulation were famous changes implemented by Thatcher. The policy of Privatisation has been called a crucial ingredient of Thatcherism. After the 1983 election the sale of state utilities accelerated; more than  £29 billion was raised from the sale of nationalised industries, and another  £18 billion from the sale of council houses. The process of privatisation, especially the preparation of nationa lised industries for privatisation, was associated with marked improvements in performance, particularly in terms of labour productivity. Some of the privatised industries including gas, water, and electricity, were natural monopolies for which privatisation involved little increase in competition. The privatisation allowed people to become more involved in the buying of shares in companies. Although this did not work as well as Thatcher would have hoped as many of the richer part of society bought as many shares at they could. Many people denounced this policy as an Elitist policy. The privatisation of public companies was combined with financial deregulation in an attempt to encourage economic growth. Geoffrey Howe Thatcher’s Chancellor of theShow MoreRelatedThe Funeral Of Baroness Thatcher808 Words   |  4 Pagesabout the funeral of Baroness Thatcher was the size of the crowds, and the next amazing thing was that they were so relatively well behaved. The BBC had done its best to foment an uprising. With habitual good taste, they played Ding Dong the witch is dead on taxpayer-public radio. Asked to find some commentators to give an instant reaction to the death of Britain’s greatest post-war prime minister – an event that was not exactly unforeseen –they reached instinctively for Gerry Adams and Ken LivingstoneRead MoreThatcher and Thatcherism Essay3818 Words   |  16 PagesThatcher and Thatcherism It is now twenty years since Margaret Thatcher was elected Prime Minister of Great Britain, and over eight years since she left office. So this seems a good opportunity to look back at what Thatcher and Thatcherism may have achieved, and what may be the lessons for today. I must start with a disclaimer. Im the British High Commissioner and normally speak on behalf of the British Government in Australia. But I hope you will realise that inRead MoreAlbert Einstein and Destinations P.3610 Words   |  15 Pagesnot have imagined. Over the next 30 years, little remained (9) †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ (ALTER) as the camera, the cinema, the photograph, the plane and radio all had an (10) †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ (ELECTRIC) effect on people and society. Use the word given in capitals at the end of the line to form a word that fits in the space in the same line. (Destinations p.51) MARGARET THATCHER Few British politicians have aroused more passion than Margaret Thatcher, who was Prime Minister from 1979 until 1990. It is not (1) †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. that, duringRead MoreSocial Policy Essay6100 Words   |  25 Pagesthe people and those projects were established to minimize the poverty level. In the year 1901, there was the beginning of the poverty which was shown by the examination done by the social investigator named Seebohm Bowntree. His investigation was detailed in his book named ‘Poverty, A study of Town life regarding the poverty in York’ which indicated that 28% of the York population is suffered by the below poverty. Even the people who did full time job were likely to reach the starvation level