Margaret Thatcher: Former British Prime Minister Dead

Known as "The Iron Lady," the 87-year-old political figure died after a stroke.
2:27 | 04/08/13

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Transcript for Margaret Thatcher: Former British Prime Minister Dead
It's been said that Margaret Thatcher put the great teams have Great Britain she exploded -- -- the political scene at the age of 34. The youngest woman ever elected to parliament. By then she and her husband Dennis were raising twins Margaret Thatcher was the epitome of the modern empowered woman. I -- dubbed as a reaction. Maggie Thatcher. Reaction that. Justin Chapman does not -- -- act against. Two decades later in 1979. -- -- swept the Conservative Party into power. And became the first woman prime minister. Her political and economic philosophy were steadfast anti communism self reliant free markets and on fashionable ideas at the time -- Presume this is to enable us to Sweden Britain -- those. Thatcher found a kindred spirit in president Ronald Reagan there Indomitable Lions solidified -- like values and shared determination. It was just on forgiving will that earned her as many enemies as friends and the Soviet Union she gained -- nickname which she -- with pride. I Hyundai did -- redstone -- The iron -- 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 Methodist family the daughter of a shopkeeper she had ingrained provincial -- diligent sobriety perseverance. Thatcher rule Britain her way for a -- years. During that time she won a war in the Falkland Islands against invading Argentinian. It was the peak of her popularity. But -- changing political landscape in Europe eventually took its tall on Thatcher's reign. In 1990s she was ousted in a bitter political fight within the Conservative Party the Tories have never recovered. Still Thatcher's legacy remains in -- in the United Kingdom and around the world. In 2011 Merrill Streep portrays Thatcher throughout various stages of her life on the big screen and Iron Lady. So meantime the ladies. The film reminded the world of the powerful female leader who was both loved and despised for being a testament of will and -- After that she helped Alter the course of history. Diana -- ABC news New York.

This transcript has been automatically generated and may not be 100% accurate.

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