What was a key component of Margaret Thatcher's policies as prime minister of Britain?

A. increasing the country's tax collection efforts

B. improving the nation's health care system

C. reducing the size and scope of government

The correct answer, here, is (C). One of the most key components of Margret Thatcher's policies as prime minister of Britain was the reduction of the size and scope of the British government. Thatcherism, as a political philosophy and measure of government control, focused on expanding and encouraging free markets and establishing a small state that allowed for very little governmental control and oversight.