Margaret Thatcher — Glossary

A conflict between the UK and Argentina in 1982 over the disputed Falkland Islands, significantly impacting Thatcher's political legacy.

An economic theory emphasizing the control of money supply as the primary method to regulate economic activity and inflation.

Milton Friedman's economic theory emphasizing the control of money supply to manage inflation and economic stability.

A theory emphasizing the role of international institutions in facilitating cooperation among states despite an anarchic international system.

An economic and political ideology emphasizing free markets, deregulation, and reduction in government spending to enhance individual freedom.

The conservative political ideology associated with Margaret Thatcher, characterized by deregulation, privatization, and a reduction in state [Intervention](https://modeldiplomat.com/learn/glossary/intervention).

Margaret Thatcher's policies promoting free markets, privatization, and reduced state [Intervention](https://modeldiplomat.com/learn/glossary/intervention) in the economy.

Margaret Thatcher's economic policy focusing on controlling inflation through monetary supply restrictions and reducing state [Intervention](https://modeldiplomat.com/learn/glossary/intervention).

Margaret Thatcher’s policies to reduce welfare dependency by promoting individual responsibility and market solutions.

A nickname for Margaret Thatcher symbolizing her strong-willed leadership style and conservative political ideology.