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1960-1996 ECONOMICS

  • Stock Margins

    Stock margin requirements are cut from 90% down to 70%
  • The Price Of A Family Vehicle

    In 1960, and everage automobile is $2,600. By 1969, the same vehicle wounds cost about $3,270.
  • The Price Of A Family Home

    In 1960, an average house would cost around $12,700. By 1969, the same home would cost about $15,500
  • The Price Of Gasoline

    In 1960, gasoline is about $0.25 a gallon. By 1969, this price will raise to $0.35 a gallon.
  • The Average Income

    In 1960, the average American made $5,315 in a year. By 1969, The average American was making about $8,540 a year.
  • Advancements Into The Cosmos

    The first ever weather satellite is launched into orbit by the US space program.
  • The Vietnam Conflict

    The United States sends 3,500 troops to vietnam.
  • the OPEC

    "The Organization of Petroleum Exporting Countries" is created (the OPEC)
  • Period: to

    Over-All Economy

    The United States is in a recession.
  • A New President

    John F. Kennedy takes office, and the economy is hopeful.
  • Soviets In Space

    Soviet Cosmonaut Yuri Gagarin Becomes the first person in space.
  • The Berlin Wall

    The construction on the Berlin Wall begins.
  • The Bay Of Pigs Incident

    The 'Bay Of Pigs' foreign invasion fails
  • The Peace Corps

    The peace corps is created
  • Industrial Manufacturing

    The five biggest industrial corporations account for more than 12% of all assets in manufacturing.
  • Inflation Rates

    President Kennedy helped bring inflation down to a stable point.
  • The Cuban Missile Crisis

    The Cuban Missile crisis has most americans paranoid/afraid of another world war soon
  • Important Civil Rights History

    James Meredith becomes the first African American student to enroll at the university of mississippi
  • Music In Pop Culture

    The Beatles release their first single, "Love Me Do", in the United Kingdom
  • Wally-World

    Sam Walton opens up the first Wal-Mart store in Arkansas
  • The Stock Market

    The stock market rebounds.
  • Unemployment Rates

    The National Unemployment rate is at 5.7%
  • The Health Of The Economy

    President Lyndon B. Johnson inherits a healthy economy from the late President Kennedy.
  • Equal Pay

    Congress passes the equal pay act
  • The Civil Rights Movement In America

    Martin luther King Jr. Gives his iconic 'I Have A Dream' speech for the first time.
  • The Death Of A President

    President John F. Kennedy is assassinated
  • The Origins Of Zip Codes

    The United States begins to use zip codes
  • TV Shows In Pop Culture

    The BBC Broadcasts the very first episode of 'Doctor Who'
  • Corporate Profits

    Corporate profits are at a record high in the United States.
  • Strides In The Civil Rights Movement

    Congress passes a civil rights act
  • Tax Cuts

    Congress passes Kennedy's 12 Billion dollar tax cut, and the economy takes off.
  • The Creation Of More Jobs

    The economic opportunity act is created, and more jobs are created with it.
  • Cars

    The Ford Motor Company begins to produce and sell the Ford Mustang
  • Period: to

    Extra Revenue

    economic growth beings and extra 4-5 billion dollars in revenue to spend.
  • Investment Abroad

    America's overseas investment increases to 49.2 billion dollars.
  • Medicare And Medicaid

    And amendment to the social security act created medicare and medicaid programs.
  • Counter-Culture Against The War

    As the Vietnam conflict escalates, more and more people become opposed to continuing US involvement.
  • Tv Shows in Pop Culture

    The first ever episode of 'Star Trek' airs on television
  • Canadian Economics

    The Canadian Pension Plan in introduced into Canadian Government
  • Magazines In Pop Culture

    'The Rolling Stone' publishes their first ever magazine issue
  • Changes In US Policy

    The 25th Amendment to the US Constitution is ratified
  • Unemployment Drops

    National unemployment rates drop to 3.3%
  • Inflation Rates Change Again

    The Inflation rate in the United States drops to a 4.7%
  • The Death Of A Civil Rights Leader

    Martin Luther King Jr. is assassinated.
  • Another New President

    Richard Nixon wins the US Presidential election.
  • Federal Spending Cuts

    President Johnson signed into a tax surcharge and a 6 billion dollar federal spending cut.
  • One Small Step For Man...

    The American Space program gets an un-maned ship to the moon.
  • Children's TV In Pop Culture

    The children's TV show 'Sesame Street' airs on television
  • A Change In UK Policy

    The United Kingdom abolishes the death penalty
  • Counter-Culture

    The woodstock music festival takes place