The document discusses a YouTube video about former British Prime Minister Margaret Thatcher's legacy on economics. The video notes that when Thatcher became Prime Minister in 1979, the UK was facing high inflation and unemployment, with unemployment reaching 2.7 million. Though she reduced inflation, it was not until the end of her leadership and resulted in many job losses and street protests against her economic policies. Thatcher was the longest serving Prime Minister of the 20th century and the first woman to hold that position.
The document discusses a YouTube video about former British Prime Minister Margaret Thatcher's legacy on economics. The video notes that when Thatcher became Prime Minister in 1979, the UK was facing high inflation and unemployment, with unemployment reaching 2.7 million. Though she reduced inflation, it was not until the end of her leadership and resulted in many job losses and street protests against her economic policies. Thatcher was the longest serving Prime Minister of the 20th century and the first woman to hold that position.
The document discusses a YouTube video about former British Prime Minister Margaret Thatcher's legacy on economics. The video notes that when Thatcher became Prime Minister in 1979, the UK was facing high inflation and unemployment, with unemployment reaching 2.7 million. Though she reduced inflation, it was not until the end of her leadership and resulted in many job losses and street protests against her economic policies. Thatcher was the longest serving Prime Minister of the 20th century and the first woman to hold that position.
I watched this YouTube video about the legacy that
Margret Thatcher left in economics after her role as Prime minister was over. https://youtu.be/pgP-vYJXmbw
Summary Of Youtube Video:
Thatcher became Prime Minister in 1979, at the time the country was facing rampant inflation and high unemployment rates. She increased taxes and was responsible for the economy falling deeper into a recession. Unemployment was around 2.7 million people. Many protested in the streets. Throughout Margret Thatcher’s leadership she did managed to lower inflation but not until the end and at the cost of millions of peoples jobs. She was the longest-serving British prime minister of the 20th century and the first woman to hold that office. A Soviet journalist dubbed her the "Iron Lady", a nickname that became associated with her uncompromising politics and leadership style.