Britain's Iron Lady Dies At 87 (VIDEO)

By Emma Koch

April 8, 2013 Updated Apr 8, 2013 at 1:46 PM EDT

LONDON (www.incnow.tv) – Former British Prime Minister, Margaret Thatcher, has died at the age of 87.

It's been said that Margaret Thatcher put the "great" into Great Britain. She exploded onto the political scene at the age of 34, the youngest woman ever elected to Parliament. By then, she and her husband Denis were raising twins. Margaret Thatcher was the epitome of the modern, empowered woman.

Two decades later, in 1979, Thatcher swept the conservative party into power and became the first woman prime minister. Her political and economic philosophy were steadfast-anti-communism, self-reliance, free markets and unfashionable ideas at the time.

Thatcher found a kindred spirit in President Ronald Reagan. Their indomitable alliance solidified by like values and shared determination.

It was this unforgiving will that earned her as many enemies as friends. In the Soviet Union, she gained a nickname, which she wore with pride, the Iron Lady.

The Iron Lady's economic measures were seen by some as heartless, materialistic and driven by greed. In the short term, her policies contributed to widespread unemployment.

But Thatcher was not deterred. Born into a Methodist family, the daughter of a shopkeeper, she had ingrained provincial values- diligence, sobriety and perseverance.
Thatcher ruled Britain her way for 11 years.

During that time, she won a war in the Falkland Islands against invading Argentineans. It was the peak of her popularity.

But a changing political landscape in Europe eventually took its toll on Thatcher's reign. In 1990 she was ousted in a bitter political fight within the conservative party. The Tories have never recovered.

Still, Thatcher's legacy remains intact in the United Kingdom and around the world.

In 2011, Meryl Streep portrayed Thatcher throughout various stages of her life on the big screen in The Iron Lady.

The film reminded the world of the powerful female leader who was both loved and despised for being a testament of will and courage. And for that she helped alter the course of history.

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