Tag Archives: economic policy

THIS DAY IN THE YESTERYEAR: MARGARET THATCHER BECOMES PRIME MINISTER OF THE UK (1979)


Margaret Thatcher Becomes Prime Minister of the UK (1979)

Thatcher was Great Britain’s first female prime minister and served longer than any other British prime minister in the 20th century. While in office, she initiated what became known as the “Thatcher Revolution,” a series of social and economic changes that dismantled many aspects of Britain’s postwar welfare state, establishing free-market economic policies and deregulating industries. Before embarking on her political career, she was a research chemist working with what popular dessert food? More… Discuss

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TODAY’S BIRTHDAY: ALEXANDER III OF RUSSIA (1845)


Alexander III of Russia (1845)

Alexander III was tsar of Russia from 1881 until his death in 1894. As ruler, he sought to counteract what he considered the excessive liberalism of his father’s reign and pursued a reactionary policy that promoted Russification and the persecution of religious minorities. Still, economic policy during Alexander’s rule enabled rapid industrial development and allowed Russia to begin building the Trans-Siberian Railroad. To which of Alexander’s relatives was his wife, Dagmar, originally engaged? More…Discuss

 

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