Jacob Knisely

By defaysa
  • Period: to

    The 1970s

  • Kent State shooting

    The protest a Kent Sate went wrong and the federal reserve open fired in the crowd and killed four students
  • 1970 Economic Indicators

    Inflation rate = 5.7%
    Household income = $7.651
    GDP = $4.7T
    Unemployment rate = 4.5%
    30 Yr Mortgage Rate = 9.01%
  • The first VCR is introduce

    The first vcr was introduced to the public in 1971
  • 1971 Ecnomic Indicators

    Inflation rate = 4.4%
    Household income = $7,896
    GDP = $4.91T
    Unemployment rate = 5.9%
    30 Yr Mortgage Rate = 7.76%
  • Watergate Scandle began

    The watergate scandel begin and president Nixon was behind all of it
  • Economic Indicators

    Inflation rate = 3.2 %
    Household income = $8,520
    GDP = $5.25T
    Unemployment rate = 5.6%
    30 Yr Mortgage Rate = 7.38%
  • The United States pull out of Vietnam

    The U.S. pulls out of the country and this effects the economy in a bad way
  • Economic Indicators

    Inflation rate = 6.2%
    Household income = $9,226
    GDP = $5.46T
    Unemployment rate = 4.9%
    30 Yr Mortgage Rate = 8.04%
  • President Nixon resigns

  • Economic Indicators

    Inflation rate = 11%
    Household income = $9,921
    GDP = $5.59T
    Unemployment rate = 5.6%
    30 Yr Mortgage Rate = 9.19%
  • Microsoft is founded

    Microsoft was founded and this will have a huge impact on the economy
  • Economic Indicators

    Inflation rate = 9.1%
    Household income = $10,531
    GDP = $5.49T
    Unemployment rate = 8.5%
    30 Yr Mortgage Rate = 9.04%
  • First Ebola virus is found

    the firs case of Ebola was founded and then began to spreed
  • Elvis was found and Star Wars was released

    Elvis presliy died and the first movie of the Star Wars franchise had began
  • Economic Indicators

    Inflation rate = 5.8%
    Household income = $11,311
    GDP = $5.73T
    Unemployment rate = 7.7%
    30 Yr Mortgage Rate = 8.87%
  • Economic Indicators

    Inflation rate = 6.5%
    Household income = $12,132
    GDP = $6.01T
    Unemployment rate = 7.10%
    30 Yr Mortgage Rate = 8.84%
  • Economic Indicators

    Inflation rate = 7.6%
    Household income = $13,575
    GDP = $6.41 T
    Unemployment rate = 6.10%
    30 Yr Mortgage Rate = 9.64%
  • Economic Inicators

    Inflation rate = 11.3%
    Household income = $15,090
    GDP = $6.50T
    Unemployment rate = 5.80%
    30 Yr Mortgage Rate = 11.19%