70's

By carpemaa25
  • Highest Inflation Rates

    Highest Inflation Rates

    inflation reaches 6.1%, the highest rate since the Korean war.
  • Nixon Cuts Taxes

    Nixon Cuts Taxes

    President Nixon signs a twenty-five billion tax cut.
  • Pepsi

    Pepsi

    Pepsi announces a deal to sell its products in the Soviet Union.
  • Delta Air Lines

    Delta Air Lines

    Delta Airlines open more positions to women and African Americans.
  • OPEC oil

    OPEC oil

    Members of the OPEC end their oil embargo of the west.
  • Unemployment

    Unemployment

    The federal government reports unemployment at 8,2 percent, the highest since 1941.
  • $300 mil in bribes

    $300 mil in bribes

    More than 175 U.S companies admit to offering over $300 million in bribes since 1970.
  • Female airline attendants fired.

    Female airline attendants fired.

    Three hundred American Airlines female flight attendants, fired for becoming pregnant between 1965 and 1970, receive a $2.7-million civil rights settlement.
  • Inflation rises again

    Inflation rises again

    Due to inflation, goods costing $100.00 in 1967 now cost $200.09 in 1978
  • Chrysler receives 1.5 billion dollar loan

    Chrysler receives 1.5 billion dollar loan

    The Chrysler Corporation, the third largest automaker in the United States, requests a $1-billion federal loan to prevent bankruptcy. On November 1, the federal government guarantees a $1.5-billion loan to Chrysler