How did Margaret Thatcher reorient British economic policy upon becoming prime minister?

A) She increased government subsidies for coal mining.
B) She nationalized the British rail system.
C) She cut government spending and reduced taxes.
D) She created measures focused on reducing inequality.
E) She created new health and education measures to increase employment.

Margaret Thatcher

A British stateswoman who served as the Prime Minister of the United Kingdom from 1979 to 1990, known for her conservative policies, staunch anti-communism, and leadership during the Falklands War.

British Economic Policy

The strategies and decisions by the British government aimed at managing the United Kingdom's economic affairs, including taxation, spending, and trade regulation.

Government Spending

Refers to the money used by a government for its operations, public projects, and social services.