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Arab-Israeli War Begins
It formally began following the end of the British Mandate for Palestine at midnight on 14 May 1948; the Israeli Declaration of Independence had been issued earlier that day, and a military coalition of Arab states entered the territory of British Palestine in the morning of 15 May. -
Sam Walton Opens First Walmart
On July 2, 1962, Sam Walton opens the first Walmart store in Rogers, Arkansas. -
Israeli-Palestine Conflict Begins
The history of the Israeli–Palestinian conflict began with the establishment of the state of Israel in 1948. This conflict came from the intercommunal violence in Mandatory Palestine between Israelis and Arabs from 1920 and erupted into full-scale hostilities in the 1947–48 civil war. -
Six Day War
The Six-Day War, also known as the June War, 1967 Arab–Israeli War, or Third Arab–Israeli War, was fought between 5 and 10 June 1967 by Israel and the neighboring states of Egypt, Jordan, and Syria. Relations between Israel and its neighbours were not fully normalised after the 1948 Arab–Israeli War. -
Jimmy Carter
is an American politician, philanthropist, and former farmer who served as the 39th president of the United States from 1977 to 1981. A member of the Democratic Party, he previously served as a Georgia State Senator from 1963 to 1967 and as the 76th governor of Georgia from 1971 to 1975. -
First Cell-Phones
Motorola was the first company to produce a handheld mobile phone. On April 3, 1973, Martin Cooper, a Motorola researcher and executive, made the first mobile telephone call from handheld subscriber equipment, placing a call to Dr. Joel S. Engel of Bell Labs, his rival. -
OPEC Oil Embargo
The 1973 oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries proclaimed an oil embargo. The embargo was targeted at nations perceived as supporting Israel during the Yom Kippur War. -
Bill Gates Starts Microsoft
Microsoft is a multinational computer technology corporation. Microsoft was founded on April 4, 1975, by Bill Gates and Paul Allen in Albuquerque, New Mexico. -
Steve Jobs Starts Apple
In 1975, the 20-year-old Jobs and Wozniak set up shop in Jobs' parents' garage, dubbed the venture Apple, and began working on the prototype of the Apple I. To generate the $1,350 in capital they used to start Apple, Steve Jobs sold his Volkswagen microbus, and Steve Wozniak sold his Hewlett-Packard calculator. -
Community Reinvestment Act of 1977
The Community Reinvestment Act (CRA), enacted in 1977, requires the Federal Reserve and other federal banking regulators to encourage financial institutions to help meet the credit needs of the communities in which they do business, including low- and moderate-income (LMI) neighborhoods. -
Camp David Accords
The Camp David Accords were a pair of political agreements signed by Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin on 17 September 1978, following twelve days of secret negotiations at Camp David, the country retreat of the President of the United States in Maryland. -
Iran Hostage Crisis
The Iran hostage crisis was a diplomatic standoff between the United States and Iran. Fifty-two American diplomats and citizens were held hostage for 444 days from November 4, 1979, to January 20, 1981. -
Egypt-Israel Peace Treaty
The Egypt–Israel Peace Treaty was signed in Washington, D.C., United States on 26 March 1979, following the 1978 Camp David Accords. The Egypt–Israel treaty was signed by Egyptian president Anwar Sadat and Israeli prime minister Menachem Begin, and witnessed by United States president Jimmy Carter.
