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Elected to Parliament as a Conservative in 1959, she held junior ministerial posts (1961?64) before serving (1970?74) as secretary of state for education and science in Edward Heath's cabinet. After two defeats in general elections, the Conservative party elected her its first woman leader in 1975.
After leading the Conservatives to an electoral victory in 1979, Thatcher became prime minister. She had pledged to reduce the influence of the trade unions and combat inflation, and her economic policy rested on the introduction of broad changes along free-market lines. She attacked inflation by controlling the money supply and sharply reduced government spending and taxes for higher-income individuals...
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