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The Thatcher Revolution. I. Biography II. The UK in the 70’s III. The Thatcher Revolution Conclusion.

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Presentation on theme: "The Thatcher Revolution. I. Biography II. The UK in the 70’s III. The Thatcher Revolution Conclusion."— Presentation transcript:

1 The Thatcher Revolution

2 I. Biography II. The UK in the 70’s III. The Thatcher Revolution Conclusion

3 Biography Born Margaret Hilda Roberts on the 13 th October 1925 Studied Chemistry at Oxford 1959 : MP for Finchley as a Conservative 1970 :Secretary of State for Education and Science 1975 : Conservative Party Leader 1979 : First female Prime Minister 1990 : Resigned after three consecutive terms in office

4 The UK in the 70’s Economic, social and political crisis : Low growth, high unemployment rate, inflation Social agitation : strikes, ‘Winter of Discontent’ Too powerful trade unions ‘Sick man of Europe’

5 A revolution First woman Prime minister Victorian values : work, family, nation, initiative spirit ‘Where there is discord, may we bring harmony. Where there is error, may we bring truth. Where there is doubt, may we bring faith. And where there is despair, may we bring hope.’

6 New market ideology ‘Free market’ : Market without economic intervention and regulation by the government Battle against inflation : increasing interest rates to try to slow the growth of the money supply and lower inflation Privatisation : British Airways, Rolls-Royce…

7 Many difficulties : 1982 : Argentina invaded the Falkland Islands. Margaret Thatcher sent her naval forces to eject invader 1984 : 12 months Miners’ strike. Trade unions paralysed economic performances and parliamentary democracy 1984 : Brighton Hotel Bombing carried out by the Provisional Irish Republican Army

8 UK and USA Margaret Thatcher and Ronald Reagan fought together the Soviet Union Iron Lady : ‘If you lead a country like Britain, a strong country, a country which has taken a lead in world affairs in good times and in bad, a country that is always reliable, then you have to have a touch of iron about you. »

9 The end of the Iron Lady New tax (Poll Tax or Community Charge) : the property taxes were made uniform, the residential property taxes were established by the local government. Her popularity was damaged. Resigned in 1990, was succeeded as party leader and prime minister by John Major.

10 Conclusion 1979-1982 : recession 1983 : economic growth 1989-1990 : crisis Resignation : Hard economic situation 1993-1994 : growth


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