A. Investigation Plan The aim of this investigation is to analyze the extent to which Margret Thatcher, the Prime Minister of the United Kingdom, had an impact on the British economy from 1997 to 1990. This analysis will examine themes revolving around her impact on trade unions, tax rates, its impact on unemployment in the UK and its role in the Lawson Boom in the 1980s. However, how other neighboring countries besides the United States were affected by Margaret Thatcher's rise to power will not be investigated. To research these topics, BBC news articles will be used to help discover how Margret Thatcher changed Britain and its economy. Books such as "No Such Thing as Society" and other online magazines will also be used. This investigation will include an evaluation of the origin, purpose, value, and limitations of the sources used for the research.B. Summary of Evidence Tax Rates • Tried hard to tame inflation and control government spending. “The aim was to make people believe that inflation would fall, and thus reduce their wage demands” (Pym Hugh) • Economic policy was known as monetarism (“Thatcher's economic policies”) • Reduce it by imposing higher interest rates high and imposing higher taxes and spending cuts (Smith David). • Income tax was cut from 83% to 60% and the standard income tax rate was reduced from 33% to 30% (McSmith Andy, 25). • Thatcher believed in the freedom of entrepreneurs (Laissez-faire) to create wealth through their own companies (Pym Hugh) • "Reduce inflation which in 1979 exceeded 20%, reduce the budget deficit, increase the efficiency of economy and reduce the power of unions". (Pettinger Tejvan)• Pound in value: worth $1.63 but after a total of five years, the pound was worth $2.42 (McSmith... center of paper... all their strikes and protests before she came to power) in the 1970s. If it were not for Margret Thatcher and her strong ideas, the British economy would never have become flexible, powerful and competitive. F Sources McSmith, Andy No Such Thing as Society: .Pettinger, Tejvan. "Margaret Thatcher's Economic Impact". April 2013. Web. 7 April 2014. Smith, David. "EconoMonitor: EconoMonitor » The Four Ages of Margaret Thatcher's Monetary Policy RSS 092. Np, 10 April 2013. Web. 10 April 2014. Taylor, Adam "Margaret Thatcher fought a huge battle that changed the United Kingdom forever. ” Business Insider, Inc, April 8, 2013. Web. 2014.