1970s 300x300

1970s- 1979

  • World Trade Center complete

    World Trade Center complete
    simply known as 1 WTC or 1 World Trade Center (formerly named and still colloquially known as the Freedom Tower)[4], is the lead building of the new World Trade Center complex in Lower Manhattan in New York City, New York. The tower will be located in the northwest corner of the World Trade Center site, and will occupy the location where the original 8-story 6 World Trade Center once stood.
  • Inflation Rates

    5.84 %
  • U.S Gold Standard

    U.S Gold Standard
    If gold goes up then the value goes up. Fort Knox is where they keep the gold. Richard Nixon took the US out of the gold standard. Fiat Money- has value because the government. The government backs up the value of the money not the gold. This was the only thing Nixon did well as president, and it was good for America.
  • Inlation Rates

    4.30 %
  • Inflation Rates

    3.27 %
  • Inflation Rates

    6.16 %
  • Watergate Scandle

    Watergate Scandle
    The Watergate scandal was a political scandal during the 1970s in the United States resulting from the break-in of the Democratic National Committee headquarters at the Watergate office complex in Washington, D.C. Effects of the scandal ultimately led to the resignation of the President of the United States, Richard Nixon, on August 9, 1974, the first and only resignation of any U.S. President.
  • Supplemental Security Income introduced

    Supplemental Security Income introduced
    Supplemental Security Income (or SSI) is a United States government program that provides stipends to low-income people who are either aged (65 or older), blind, or disabled.Although administered by the Social Security Administration, SSI is funded from the U.S. Treasury general funds, not the Social Security trust fund. SSI was created in 1974 to replace federal-state adult assistance programs that served the same purpose. The restructuring of these programs was intended to standardiz
  • Inflation Rates

    11.03 %
  • Microsoft Founded

    Microsoft Founded
    Microsoft Corporation is an American public multinational corporation headquartered in Redmond, Washington, USA that develops, manufactures, licenses, and supports a wide range of products and services predominantly related to computing through its various product divisions. Established on April 4, 1975 to develop and sell BASIC interpreters for the Altair 8800, Microsoft rose to dominate the home computer operating system market with MS-DOS in the mid-1980s.
  • Inflation Rates

    9.20 %
  • Apples Computer

    Apples Computer
    Apple was established on April 1, 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne, to sell the Apple I personal computer kit. They were hand-built by Wozniak and first shown to the public at the Homebrew Computer Club. The Apple I was sold as a motherboard (with CPU, RAM, and basic textual-video chips)—less than what is today considered a complete personal computer.The Apple I went on sale in July 1976 and was market-priced at $666.66 ($2,572 in 2011 dollars, adjusted for inflation.)
  • Inflation Rates

    5.75 %
  • Neutron bomb funding began

    Neutron bomb funding began
    The Neutron bomb was an atomic weapon designed to spread radiation to kill people and leave buildings intact.A wave of Soviet tanks and armored personnel carriers rolls across the northern German plain. Unable to stem the tide, NATO generals request permission to use tactical nuclear weapons. According to an alliance agreement, the President of the U.S. must give his assent before battlefield nukes can be fired. He does. Scores of heavy artillery pieces are aimed at the invaders.
  • Inflation Rates

    6.50 %
  • Inflation Rates

    7.62 %
  • Atlantic City Permits Gambling

    Atlantic City Permits Gambling
    In an effort at revitalizing the city, New Jersey voters in 1976 approved casino gambling for Atlantic City; this came after a 1974 referendum on legalized gambling failed to pass. Immediately after the legislation passed, the owners of the Chalfonte-Haddon Hall Hotel began converting it into the Resorts International. It was the first legal casino in the eastern United States when it opened on May 26, 1978. Other casinos were soon constructed along the Boardwalk.
  • Nuclear Accident at Three Mile Island

    Nuclear Accident at Three Mile Island
    The Three Mile Island accident was a partial core meltdown in Unit 2 (a pressurized water reactor manufactured by Babcock & Wilcox) of the Three Mile Island Nuclear Generating Station in Dauphin County, Pennsylvania near Harrisburg, United States in 1979. The accident began at 4 a.m. on Wednesday, March 28, 1979, with failures in the non-nuclear secondary system, followed by a stuck-open pilot-operated relief valve (PORV) in the primary system.
  • Inflation Rates

    11.22 %