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Period: to
The 1970s
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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
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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%