Who was known as the “Iron Lady”?

Who was known as the "Iron Lady"?

Margaret Thatcher made history as the first woman to be elected as the Prime Minister of the UK in 1979. She was also the leader of the Conservative party from 1975 to 1990. She was nicknamed the “Iron Lady” for her strong and uncompromising leadership style.

Elected to office when her country was going through a tough time, Thatcher was renowned for her staunch opposition to socialism. This is reflected through her policies such as lower taxes, deregulation, and privatization of state enterprises. Her disdain towards socialism is emphasized in a witty quote of hers, which goes “The problem with socialism is that you eventually run out of other people’s money.”

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