The 1970s marked the beginning of a major shift toward

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The 1970s marked the beginning of a major shift toward a free market economy. This was evident in the policies of President Reagan in the United States and Prime Minister Thatcher in the United Kingdom, who espoused a philosophy of free-market capitalism and deregulation. This shift was characterized by a reduction in government intervention in the economy and an emphasis on individual choice and competition.

The 1970s Marked the Beginning of a Major Shift Toward