-
Period: to
CCI of all the years
1985 102.00
1986 103.10
1987 96.10
1988 104.40
1989 99.60
1990 102.1
1991 103.20 -
Period: to
GDp
GDp
1991 9.01 trillion
1990 8.90 trillion
1989
8.84 trillion
1988
8.60 trillion
1987
8.28 trillion
1986
7.93 trillion
1985 7.70 trillion -
Period: to
Inflation rates
1985- 3.6
1986- 1.9
1987- 3.6
1988- 4.1
1989- 4.8
1990-5.4
1991- 4.2 -
Period: to
Fiscal policy
Beginning in the late 1980s, reducing the deficit became the predominant goal of fiscal policy. With foreign trade opportunities expanding rapidly and technology spinning off new products, there seemed to be little need for government policies to stimulate growth. Instead, officials argued, a lower deficit would reduce government borrowing and help bring down interest rates, making it easier for businesses to acquire capital to finance expansion. -
Period: to
Unemployment
Unemployment
1985
7.2
1986
7.0
1987
6.2
1988
5.5
1989
5.3
1990
5.6
1991
6.3 -
Period: to
Gdp Per Capita
1985 24,038
1986 24,538
1987 25,022
1988 25,737
1989 26,354
1990 26,420
1991 25,881 -
Mikhail Gorbachev
Mikhail Gorbachev replaces Konstantin Chernenko as Soviet leader -
Parachute pants
Parachute Pants become popular fashion -
Microsoft
Microsoft Corporation releases the first version of Windows, Windows 1.0. -
Chernobyl
Chernobyl Nuclear Disaster occurs -
Challenger destroyered
Space Shuttle Challenger Explodes -
Black Monday
New York Stock Exchange Suffers Huge Drop on "Black Monday" -
Teenage Mutant Ninja Turtles
The TMNT first animated series come out -
Family life
Families of the eighties start to seoerate and become buisier with the growthof the fast food market. Also wth the groeth of the tv and cable more time is spent watching it than with each other. -
Laptops
Clive Sinclair launches the Z88 Portable Computer weighing under 2 LBS -
Ford goes on strike
National strike by Ford workers averted by improved
three-year pay and conditions offer. -
PAn am flight bombed
Pan Am Flight 103 Is Bombed Over Lockerbie -
Oil spill
Exxon Valdez runs aground on Bligh Reef in Prince William Sound, Alaska, spilling 11 million gallons of oil. -
Tiananmen Square
Students Massacred in China's Tiananmen Square -
Berlin Wall Falls
Berlin Wall Falls uniting east and west. -
Nelson Mandela Freed
Nelson Mandela Freed from prison after 27 years -
Bush Annoces he does not like Brocli
“I do not like broccoli... And I haven’t liked it since I was a little kid and my mother made me eat it. And I’m President of the United States, and I’m not going to eat any more broccoli!” -
Requiremnts cut
Federal Reserve cuts bank reserve requirements by $11 billion. -
Persian gulf war
Congress approves use of force in Iraq. -
Fall of Soviet Unioin
Collapse of the Soviet Union
