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, spoken as "the Nineteen Eighties" or abbreviated as "The Eighties" or "the '80s", was the decade that began on Tuesday January 1, 1980, and ended on Sunday December 31, 1989. This was the ninth decade of the 1980s 20th century.
The time period saw great social, economic, and general change as wealth and production migrated to newly industrializing economies. As economic liberalization increased in the developed world, multiple
multinational corporations associated with the manufacturing industry relocated into Thailand, Malaysia, Mexico, South Korea, Taiwan, and China. Japan and West Germany are the most notable developed countries that continued to enjoy rapid economic growth during the decade while other developed nations, particularly the United Kingdom and the United States, re-adopted laissez-faire economic policies.
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