In: Other Topics

Submitted By duston88
Words 254
Pages 2
Duston Hager
Mrs. Stephanie Wood
English III Honors
2 May 2012
Events and Facts of the 1970s
I. Introduction
Thesis: During the 1970s our President was forced to resign, the economy was in a recession, books were written and interpreted differently, and great accomplishments occurred in sports.
II. Economy
A. Inflation
1. The peacetime inflation
2. Rising prices
B. The unemployment rate
C. Tax rate
D. Oil Shortage
E. Oil Embargo

III. History
A. The Presidency
1. Nixon as President
2. Why he resigned
B. The end of the Vietnam War
1. The outcome on America
2. The year the war ended
C. The Watergate Scandal
1. What the scandal was about
2. The people involved
3. The outcome
IV. Sports
A. Babe Ruth’s homerun being broken
B. “Battle of the Sexes” tennis championship
C. Mark Spitz Olympic record
D. George Foreman becomes World Heavyweight champion
E. OJ Simpson’s rushing record
F. Muhammad Ali defeats George Foreman
V. Literature
A. Characteristics
B. Famous authors
C. Genre and Style
VI. Concluding statements
A. . The 1970s had many troubles with the economy including inflation and the oil embargo. The Watergate Scandal forcing President Nixon to resign was on everyone’s mind. However, the 1970s saw some positive events as well as Hank Aaron setting a new homerun record and new styles on how books were written and interpreted.
B. Although the 1970s was a tough time for Americans we were still able to pull through and have a positive outlook on what was to lie…...

Similar Documents

The Impact of the Banking Regulations from the 1930’s to 1970’s

...After the Great Depression on October, 1930 and the sudden collapse of the United States economy in December of the same year, more than 9000 banks which is approximately 1/3 of the bank in the United States failed in the following 3 years. To reform the banking system and the United States economy, several acts passed including Banking Act of 1933 and 1935, Bank Holding Company Act of 1956, International Banking and Financial Institutions Regulatory, Financial Institutions Regulatory and Interest Rate Control Act and Right to Financial Privacy Act of 1978 between 1930’s and 1970’s as part of Depression era banking legislation. Each Act has its unique impact on the United States banking system and the economy. Also known as the Glass- Steagall Act, the Banking Act of 1933 main purpose was established Federal Deposit insurance Corporation (FDIC) as a temporary agency, separated commercial and investment banking as different lines of commerce and founded the Federal Deposit Insurance Corporation for insuring bank deposits. The Act has a significant impact on the U.S. banking system. The establish of the FDIC required all federally chartered banks and all state banks that were part of the Federal Reserve system to join and regulate by it. Moreover, the Act also permitted the Fed to allocate the currency. The FDIC insured bank deposits separated commercial banks from investment banks. Commercial banks were insured and allowed to accept deposits, but it couldn't...

Words: 922 - Pages: 4

World War Ii Through the 1970’s

... different direction for the government. The Cold War however, still loomed on and Communism continued to spread in Southeast Asia. In the 19060’s with the spread of Communism in Southeast Asia continuing, the United States government saw that it was necessary to prevent this from happening. This started out as an advisory role in the 1954, and then turned into one of the most expensive wars in U.S. history. In the early 1960s the Kennedy administration turned up the heat and sent in U.S. Army Green Berets to help with the effort but still remained to keep costs to a minimum. It was after President Johnson took over and refused to be the first president to lose a war by sending up to half a million troops into Vietnam that the cost of the war began to effect the economy of the United States. As the war progressed and Johnson kept sending in troops, the defense budget jumped from 100 million to 28.8 billion from 1965 to 1969. With the budget deficit growing and the economy in full swing, America’s annual inflation rate increased to 4.7 % by 1967. This created an influx of cash with a limited number of goods, and the consumer market would experience inflation that continued into the 1970s. The 1960s was a prosperous decade for most Americans, but the involvement in the Vietnam Conflict brought on many economic challenges by the end of the decade and eroded the prosperity on which the optimism of the postwar era had rested.......

Words: 1643 - Pages: 7

Examine Reasons for Change in Divorce Rate Since 1970

...Examine the reasons for changes in divorce rate since 1970 Since the 1960’s divorce rate began to increase dramatically but the biggest rise in divorce rate was in 1972 when it doubled and was 120,000. The divorce rate continued to rise and in 1993 reached its peak at 180,000. There has been explanations for the rise in divorce which are: secularisation, changes in law, divorce had become cheaper and also changing attitudes in society especially with women as they had begun to receive more rights. By the times divorce had become a lot more socially acceptable. In the 19th Century divorce was extremely difficult to obtain, more so for women. Eventually in 1923 grounds were equalised for men and women, but this was followed by a sharp rise in the number of divorce petitions from women. Again in 1972, the grounds widened to ‘irretrievable breakdown’ which made divorce easier to obtain and produced a doubling of the divorce rate overnight. The introduction of legal aid for divorce cases in 1949 lowered the cost of divorce. With each change in the law divorce rates have risen. The new right are against the introduction of new laws which make marriage easier as it breaks up the idea of a traditional family which they support. It lead to a trend in single parent households. There were many laws which helped divorce become a lot cheaper and easier to obtain, the most significant law put in place in examining the reasons for changes in divorce rate is the law which was passed in...

Words: 1020 - Pages: 5

Contract Labour Act, 1970 (India)

...INTRODUCTION Contract labour,  the labour of workers whose freedom is restricted by the terms of a contractual relation and by laws that make such arrangements permissible and enforceable. The essence of the contract labourer’s obligation is his surrender for a specified period of the freedom to quit his work and his employer. Other stipulations cover such matters as repayment of the costs of transportation, housing, training, and other expenses. The system of employing contract labour is prevalent in most industries in different occupations including skilled and semi skilled jobs. It is also prevalent in agricultural and allied operations and to some extent in the services sector. A workman is deemed to be employed as Contract Labour when he is hired in connection with the work of an establishment by or through a contractor. Contract workmen are indirect employees; persons who are hired, supervised and remunerated by a contractor who, in turn, is compensated by the establishment. Contract labour has to be employed for work which is specific and for definite duration. The system of contract labour offers tremendous opportunities for employment and allows the employers flexibility to choose what is best for them. This helps improve productivity and service competitiveness. The principal employer should however have to ensure payment of wages to contract labour as laid down by the law in force as also other basic amenities and other social security benefits The...

Words: 7069 - Pages: 29

Merritt V Merritt [1970] 1 Wlr 1211 Court of Appeal

...Contracts -- INTERNATIONAL COLLEGE OF BUSINESS AND TECHNOLOGY -- 14 ASPECTS OF CONTRACT AND NEGLIGENCE FOR BUSINESS Individual Assigment -Stephani Jayarathne- BTEC EDEXCEL HND DIPLOMA IN BUSINESS (MANAGEMENT & HUMAN RESOURCES) OFFERED BY INTERNATIONAL COLLEGE OF BUSINESS AND TECHNOLOGY ASPECTS OF CONTRACT AND NEGLIGENCE FOR BUSINESS STEPHANIE JAYARATHNA BMK 31 ICBT KANDY CAMPUS SUBMITED TO: MRS KANCHANA LIYANAPATHIRANA 2013/07/21 Acknowledgement. It is with great pleasure I'm extending my sincere gratitude to my lecturer Mrs. Kanchana Liyanapathirana for the excellent support and guidance given to me in completing this assgiment successfully within the given period of time. I also would like to thank her for showing us some example that related to the questions of our assignment. The encouragement & cooperation given are always remarkable. Thank you! Executive Summary Table of contents Table of Contents Acknowledgement. 3 Executive Summary 4 Table of contents 5 Table of Figures 5 Task 01 6 1.1 Essential Elements of a Contractual Document. 6 1.2 Different Types of Contracts in the Business Field 9 1.3 Contractual Terms 10 Task 02. 11 2.1 Postal Rule 11 Reference 12 Table of Figures Figure 1 Employment contract document 8 Task 01 1.1 Essential Elements of a Contractual Document. A valid contract has the following elements. All of are required for a valid contract. 1. A valid offer and acceptance...

Words: 1799 - Pages: 8

Fair Credit Reporting Act, 1970

...Fair Credit Reporting Act, 1970 Introduction to Computer Applications BIS/220 Fair Credit Reporting Act, 1970 The federal Fair Credit Reporting Act which is also known as FCRA was enacted in 1970 to uphold the precision, equality, and confidentiality of any personal information that is in the files and reported by the consumer reporting agencies or credit reporting agencies also known as CRAs. There are many types of CRAs, including credit bureaus and specialty agencies. CRAs gather reports on people for different industries, which can include credit card companies, banks, property-owners, businesses, and other entities. Special protections provided by the FCRA are for credit reports, investigatory consumer reports, and background checks for employment. Since 1970 the FCRA is a multifaceted decree that has considerably been reformed by Congress and the courts. In order to protect the discretion and correctness, CRAs are required to comply with "reasonable procedures" along with precision, and importance of credit information. The FCRA inaugurates an outline of Fair Information Practices for personal evidence that contain privileges of facts superiority or right to review and update, data safekeeping, utilize boundaries, requirements for data demolition, bill, user input consensus, and liability. Also CRAs can correspondingly be referred as "credit bureaus" or "consumer reporting agencies. Being the first federal law to regulate the use of private business...

Words: 422 - Pages: 2


...1970s From Wikipedia, the free encyclopedia Jump to: navigation, search "Seventies" redirects here. For decades comprising years 70–79 of other centuries, see List of decades. From left, clockwise: U.S. President Richard Nixon doing the V for Victory sign after his resignation from office after the Watergate scandal in 1974; Refugees aboard a US naval boat after the Fall of Saigon, leading to the end of the Vietnam War in 1975; The 1973 oil crisis put the nation of America in gridlock and caused economic damage throughout the developed world; Both the leaders of Israel and Egypt shake hands after the signing of the Camp David Accords in 1978; The 1970 Bhola cyclone kills an estimated 500,000 people in the densely populated Ganges Delta region of East Pakistan (which would become independent as Bangladesh in 1971) in November 1970; The Iranian Revolution of 1979 ousted Mohammad Reza Shah Pahlavi who was later replaced by an Islamic theocracy led by Ayatollah Khomeini; The popularity of the disco music genre peaked during the middle to late 1970s. Millennium: | 2nd millennium | Centuries: | 19th century – 20th century – 21st century | Decades: | 1940s 1950s 1960s – 1970s – 1980s 1990s 2000s | Years: | 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 | Categories: | Births – Deaths – ArchitectureEstablishments – Disestablishments | The 1970s, pronounced "the Nineteen Seventies", refers to a decade within the Gregorian calendar that began on January 1, 1970...

Words: 11872 - Pages: 48

Global Cooling

...1970 – Colder Winters Held Dawn of New Ice Age – Scientists See Ice Age In the Future (The Washington Post, January 11, 1970). 1970 – Is Mankind Manufacturing a New Ice Age for Itself? (L.A. Times, January 15, 1970). 1970 – New Ice Age May Descend On Man (Sumter Daily Item, January 26, 1970). 1970 – Pollution Prospect A Chilling One (Owosso Argus-Press, January 26, 1970). 1970 – Pollution’s 2-way ‘Freeze’ On Society (Middlesboro Daily News, January 28, 1970). 1970 – Cold Facts About Pollution (The Southeast Missourian, January 29, 1970). 1970 – Pollution Could Cause Ice Age, Agency Reports (St. Petersburg Times, March 4, 1970). 1970 – Pollution Called Ice Age Threat (St. Petersburg Times, June 26, 1970). 1970 – Dirt Will.Bring New Ice Age (The Sydney Morning Herald, October 19, 1970). 1971 – Ice Age Refugee Dies Underground (The Montreal Gazette, Febuary 17, 1971). 1971 – U.S. Scientists Sees New Ice Age Coming (The Washington Post, July 9, 1971). 1971 – Ice Age Around the Corner (Chicago Tribune, July 10, 1971). 1971 – New Ice Age Coming – It’s Already Getting Colder (L.A. Times, October 24, 1971). 1971 – Another Ice Age? Pollution Blocking Sunlight (The Day, November 1, 1971). 1971 – Air Pollution Could Bring An Ice Age (Harlan Daily Enterprise, November 4, 1971). 1972 – Air pollution may cause ice age (Free-Lance Star, February 3, 1972). 1972 – Scientist Says New ice Age Coming (The Ledger, February 13, 1972). 1972 – Scientist predicts new ice age (Free...

Words: 944 - Pages: 4

‘the Labour Governments of 1964-1970 Were More Successful Than the Labour Governments of 1974-1979.’ How Far Do You Agree?

...‘The Labour governments of 1964-1970 were more successful than the Labour governments of 1974-1979.’ How far do you agree? Both of the Labour Governments had some great successes, for instance, the 1964-1970 Labour government won the 1966 election with a majority of 100 seats. The Labour government of 1974-1979 did not win the election with a majority but managed to reduce inflation in 1978 from 15% to 8% which was a very large success as inflation had been a problem for a long time. Just from looking at the two governments you assume that the 1964-1970 labour government was more successful than the 1974-1979 labour government because they were in power for longer, and they won with a much larger majority of seats in the elections. However both of the governments have successes and failures that aren’t clearly visible just from the majorities and time spent in office. The Labour Government of 1964-1970 was run by Harold Wilson. Harold Wilson was voted in on the promise of Central Planning and his speech ‘The white heat of technology. Wilson’s government was seen as fresh and young, and Wilson made the public believe he was just another old politician like the rest and that he was more like the working class public. His main objective was to get the country moving economically which was a big decider for a lot of people when it came to who they would vote for. Central Planning is when the government overcome market failure by deciding what the country produces, how the...

Words: 1291 - Pages: 6

U.S Postal Strike of 1970

...Postal workers were part of the eight separate craft unions, including the NALC (National Association of letter carriers). Postal workers are considered federal workers and so they do not really have much say in the organization. Executive orders are given in terms of pay raise and who gets to be the postmaster. For example, if a postmaster simply didn’t like the way an employee looked or has a personal issue with an employee, he/she could fire the employee if he pleases. It was really difficult for a worker to walk up to management to state complains or concerns. The U.S post office department’s management at the time lacked organization and was outdated. The U.S. postal strike of 1970 was a ground breaking two-week strike, which started on March 18, 1970. At this time, postal workers were not allowed by law to engage in collective bargaining especially in issues concerning wages. The postal strike of 1970 focused on higher wages and better working conditions, postal workers first started getting hit with wage decreases back during the depression of the 1930s. Government workers at that time got a 25% wage cut under the executive order by Franklin Roosevelt. As stated above, things were done by executive order or acts of congress pertaining to government workers including postal workers. The wages been paid at that time was not enough for employees to fend for their family and so most workers were living with the aid of government support like food stamps. According to...

Words: 1478 - Pages: 6

England 1945-1970: Rebellion and Revolution

...Isabella Tugman Dr. Carano English 225 14 February 2009 England 1945-1970: Rebellion and Revolution The period of time from 1945 to 1979 marks an age of sexual and cultural revolution in Great Britain. England, run by a holy monarchy formerly outfitted with a pompous attitude of status and mannerisms, as of 1945 would be defied by its youth. Immigrants flocked to England, laws enabling sexual freedom were passed in Parliament, new and absurd fashions mocked tradition, and music was played in rebellion. England was no longer to be ruled by the upper class; the working class began its reign. Social groups broke out and took on new identities, much to the dismay of traditional Old Englanders. As David Christopher stated in British Culture: an Introduction, England was about to become “a multi-ethnic country with a plurality of identities and heritages” (1). England was regarded internationally as a place of high desire at this time; people of all races flocked to England to chase dreams of education and success. An educated Englishman, in their minds, had superior status, so they sought to become educated in England themselves. Such is the case with the man who came to visit Adah’s village in Second Class Citizen. Buchi Emecheta wrote of Adah’s dream; “She made a secret vow to herself that she would go to this United Kingdom one day. Her arrival would be the pinnacle of her ambition” (16). However, the arrival of new cultures was met with disapproval from the...

Words: 1619 - Pages: 7

Do You Agree with Milton Friedman’s (1970) Claim That: “the Only Responsibility of Business Is to Increase Its Profits”?

...Do you agree with Milton Friedman’s (1970) claim that: “the only responsibility of business is to increase its profits”? Today we live in a world were companies are major actors and influence society on many levels. This is why ethics were brought into the business world. Ethical enterprises follow certain values and moral beliefs and were created with the supposed intention of using that influence in a positive way and protect what surrounds them, whether it is the people who work for the company, the rest of society, the environment etc. Ethics helps companies distinguish what’s wrong or right in a certain situation and act upon it. It bases itself on the idea that a corporation is somewhat responsible for how it affects others, hence the term ‘corporate responsibility’. (Banerjee, 2007) But with time and experience it seems that ethics, although created for a noble purpose, can and are actually used by companies for purposes other than just helping others. The economist Milton Friedman believed that all this social work is the state’s responsibility and a political matter, and that it can induce losses in profit for a company, going against the essence and purpose of a business. He argues we might be better off without it. (1970) This rather negative portrayal of something that was created to do good, although quite realistic, can be discussed and hopefully re-arranged so there is hope that a company can be both socially responsible and profitable. According to Bakan...

Words: 2888 - Pages: 12

Human Behavior

...Newstrom, J. W. (2011). Organizational Behavior: Human Behavior at Work (13th ed., E). New York, NY: McGraw-Hill. Newstrom, J. W. (2013). Organizational behavior: Human behavior at work (13th ed.). New York, NY: McGraw-Hill Irwin. Davis, K. Evolving Methods of Organizational Behavior. (1968). Academy of Management Journal. Vol.11(1), p.27. Retrieved fromhttp://search.proquest.com.ezproxy.nu.edu/docview/229589718?accountid=25320&rfr_id=info%3Axri%2Fsid%3Aprimo Seashore, S.E., & Bowers, D.G. (1970). Durability of Organizational Change. American Psychologist. Vol.25(3), pp.227-233. Retrieved fromhttp://web.b.ebscohost.com.ezproxy.nu.edu/ehost/detail/detail?sid=8b6a543b-6e67-49c7-bd9e-63ef887bdc15%40sessionmgr111&vid=0&hid=101&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#AN=1970-17598-001&db=pdh Seashore & Bowers, 1970) Jogulu,D.U., Wood,J.G. (2006). The role of leadership theory in raising the profile of women in management. Equal Opportunities International, 25, 236 – 250. doi: 10.1108/01437730310457320   (Jogulu, 2006) Marshall, G.W., Michaels, C.E., and Mulki, J.P. (2007), ‘Workplace Isolation: Exploring the Construct and Its Measurement,’ Psychology and Marketing, 24, 3, 195– 223.  I isolate myself and try to do my best not to step on any toes so I don’t have to deal with the scrutiny (Marshall et al. 2007). Northouse, P. G. (2015). Introduction to leadership: Concepts and practice (3rd ed...

Words: 272 - Pages: 2

The Labour Government (1964 to 1970) Was Strong on Rhetoric, but Not on Action.” to What Extent Do You Agree with This Statement? (45)

...Harold Wilson, who was the Prime Minister during 1964-70, had promised Britain one of his most effective campaign speeches. He had promised that Britain would catch up with “the white heat” of technological change. Wilson had successfully linked the Labour Party to modernisation in contrast to what were described as the “wasted years” of the Conservative government. The Labour government seemed to be more in touch with the social and cultural trends of the 1960s. Modernisation of the British economy was one of the key priorities for the Labour government. By 1964, it was widely accepted that Britain was lagging behind other countries such as West Germany and Japan. Britain’s economy seemed to be trapped in the cycle of “stop-go”, with bursts of prosperity always leading to inflation, runs on the pound snd regular crises over the balance of payments. Reorganising the economy to break out of this cycle was the key aim of Wilson’s government in 1964. Moreover, Labour inherited a deficit of about £800million. The two classic economic solutions to this kind of problem were deflation and devaluation. But Wilson and his Chancellor of Exchequer, James Callaghan, refused to do neither. Instead, Wilson was convinced that these problems could be fixed by careful management and planning. A new department, the Department of Economic Affairs (DEA) was set up, led by George Brown and a National Plan had been drawn up. He had set growth targets and devised a national system of “economic...

Words: 1323 - Pages: 6

1970's Timeline

...7.01 Timeline I learned that the 1970's was dominated by President Richard Nixon and Watergate which caused him to resign. There was an issue with red dye no.2 which they thought could cause cancer so they stopped using it. I also learned that the year of the bicentennial means the 200 anniversary of a nation (or anything) and of course the end of the Vietnam war which had caused so much protesting and pain to so many people. 1970 - At Kent State University, National Guardsmen fire into a crowd killing four student antiwar demonstrators on Monday, May 4, 1970. The guardsmen fired 67 rounds over a period of 13 seconds, killing four students and wounding nine others, one of whom suffered permanent paralysis. Some of the students who were shot had been protesting against the American invasion of Cambodia, which President Richard Nixon announced in a television address on April 30. Other students who were shot had been walking nearby or observing the protest from a distance. There was a significant national response to the shootings: hundreds of universities, colleges, and high schools closed throughout the United States due to a student strike of four million students, and the event further affected the public opinion—at an already socially contentious time—over the role of the United States in the Vietnam War. 1971- The Year the Pentagon Papers are released - pentagon papers - A classified study of the Vietnam War that was carried out by the Department of Defense...

Words: 590 - Pages: 3