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dern British state and economy. The Economist (1996) saw her tenure as revolutionary, resulting in the smashing of labor unions in Great Britain, the restoration of the British economy, an increase in privatization, a decrease in welfare, and a general movement away from the welfare state that had followed World War II.

Psychosocial Development and Leadership

Besides being dubbed the Iron Lady, Margaret Thatcher was also often labeled as the "grocer's daughter".

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