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Margaret Thatcher and booming Britain
When Prime Minister Margaret Thatcher came to power she let the public buy shares in large public companies, making lots of money for the people involved. The shares of these companies were bought and sold on the stock market, and many people became stakeholders in Margaret Thatcher's new Britain. As a result, house prices began to rise dramatically. The good times came to an end in 1987 when Β£50 billion was wiped off the value of shares.
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