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Arab-Israeli War Begins
The Arab-Israeli war of 1948, also known by the Israelis as the war of independence or war of liberation, was the first of a series of armed conflicts that confronted the State of Israel and its Arab neighbors. Israeli victory Jordanian partial victory Palestinian Arab defeat Egyptian defeat Arab League strategic failure 1949 Armistice Agreements -
Sam Walton Opens First Walmart
The history of Walmart, an American discount department store chain, began in 1950 when businessman Sam Walton purchased a store from Luther E. Harrison in Bentonville, Arkansas, and opened Walton's 5 & 10. -
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 inter communal 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 Days War, also known as the June War or Arab-Israeli War, happened between June 5-10, 1967. The conflict involved Israel and the Arab countries – Syria, Egypt, Jordan, and Iraq, supported by Kuwait, Saudi Arabia, Algeria, and Sudan.On the evening of the first day of war half of the Arab aviation was destroyed. -
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Jimmy Carter
James Earl Carter, Jr., better known as Jimmy Carter, is an American politician of the Democratic Party who was the thirty-ninth president of the United States, previously serving as governor of the state of Georgia and senator in the General Assembly of Georgia. -
OPEC Oil Embargo
Oil Embargo, 1973–1974. During the 1973 Arab-Israeli War, Arab members of the Organization of Petroleum Exporting Countries (OPEC) imposed an embargo against the United States in retaliation for the U.S. decision to re-supply the Israeli military and to gain leverage in the post-war peace negotiations. -
First Cell-Phones
The world's first cell phone was launched in 1983. It was the Motorola DynaTAC 800x. It was priced at around $4,000 and lasted for 30 minutes of talk time before dying. It was also about the size of a foot long sub from Subway. -
Bill Gates Starts Microsoft
Microsoft was founded by Bill Gates and Paul Allen on April 4, 1975, to develop and sell BASIC interpreters for the Altair 8800. It rose to dominate the personal computer operating system market with MS-DOS in the mid-1980s, followed by Microsoft Windows. -
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 is a federal law of the United States designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including neighborhoods of Low and moderate income. -
Camp David Accords
Camp David Accords and the Arab-Israeli Peace Process. The Camp David Accords , signed by President Jimmy Carter, Egyptian President Anwar Sadat, and Israeli Prime Minister Menachem Begin in September 1978, established a framework for a historic peace treaty concluded between Israel and Egypt in March 1979. -
Egypt-Israel Peace Treaty
The main features of the treaty were mutual recognition, cessation of the state of war that had existed since the 1948 Arab– Israeli War, normalization of relations and the complete withdrawal by Israel of its armed forces and civilians from the Sinai Peninsula which Israel had captured during the Six-Day War in 1967.
