Economy 1970-1984

  • US Census Counts over 200 Million Citizens

    US Census Counts over 200 Million Citizens
    1970 - Census counted over 200 million people living in the United States. The 13.4% increase since the last census indicated that a 203,302,031 population now called the U.S.A. home.
  • VCR Invented

    VCR Invented
    In 1971, the VCR was first invented by Sony.
  • Walt Disney World Opens

    Walt Disney World Opens
    Walt Disney World opens in Orlando, Florida, expanding the Disney empire to the east coast of the United States.
  • Abortion Legalized

    Abortion Legalized
    Abortion in the United States has been legal in every state since the 1973 Supreme Court decision Roe v. Wade.
  • 1973 Oil Crisis

    1973 Oil Crisis
    Members of Organization of Arab Petroleum Exporting Countries or the OAPEC (consisting of the Arab members of OPEC, plus Egypt, Syria and Tunisia) proclaimed an oil embargo. This was "in response to the U.S. decision to re-supply the Israeli military" during the Yom Kippur war. It lasted until March 1974.
  • Nixon Resigns From Office

    Nixon Resigns From Office
    President Nixon resigns from office
  • Nuclear-Proliferation Act

    Nuclear-Proliferation Act
    Fifteen nations, including the United States and the Soviet Union, sign a nuclear-proliferation pact, slowing the spread of nuclear weapons around the world.
  • Iran Takes Hostages

    Iran Takes Hostages
    Iran Takes American Hostages in Tehran
  • Chrysler Bailout

    Chrysler Bailout
    The Chrysler Bailout is approved by the federal government. A $1.5 billion loan-guarantee plan is floated to assist the third largest car maker in the United States.
  • Mount Saint Helens Erupts

    Mount Saint Helens Erupts
    Mt. Saint Helens Erupts
  • AIDS Identified

    AIDS Identified
    New plague identified as AIDS emerges