T6he 70's Analysis

The economy began to recover in 1983 and was surging in 1984. Unemployment and interest rates dropped, allowing more Americans to buy homes and cars (Moss & Thomas, 2013, p. 236). Inflation dropped to four percent, the lowest since the early 1970s. Americans were earning more money, and oil prices were dropping, making fuel more affordable (Moss & Thomas, 2013, p. 236). “Economic growth generated 18 million new jobs and tripled the price of stocks by 1990” (Moss & Thomas, 2013, p. 236).

During the Great Depression, many families were left poor with no income or savings. With manufacturing productions decreasing, prices

The growing corporations in America dominated most of the economy, creating a large gap between the rich and the poor. During this time period food, lightening, and fuel prices declined significantly, and the cost of living

On the heels of war, new technology caused a decrease in prices of goods in the 1920’s and in the 1950’s the GI Bill increased

Prices skyrocketed, quadrupling in the span of four years, but workers saw no increase in pay. This meant that no one could actually afford to feed themselves. (The Great Patriotic War)

In the opening of 1873 the economy wavered consistently, creating tireless recessions every five to six years, all more regrettable than the last. Nearly all workers in the late nineteenth century would agree that there was a significant rise in their standard of living. Workers often sacrificed and worked in places with dangerous working conditions, diminishing control over their own work, and a growing sense of helplessness.

From 1870 to 1899, the cost of living significantly dropped due to inventions such as agricultural innovations and electric lightning which allowed workers to work

Of all the decades in the history of the United States, few experienced comparable growth to that of the 1920s and 1990s. I believe these two decades, while 70 years apart, display similarities in terms of economic growth, and subsequent downturn. While there can be no real obvious similarities between entire decades, economic similarities are apparent but not identical in timeline or structure, and can be found by looking at the behavior of each period’s respective stock markets and that of their consumers. Over the next few pages I intend to discuss some of the key highlights of these decades and compare their economic and political similarities. The main similarities between the 20s and 90s can be found by looking at the behavior of

With all the changes happening in economy during the late 1970’s through the 1980’s how did this make the

The labor shortage was very severe, especially in the short term, and consequently, wages rose. Because of the mortality, there was an oversupply of goods, and so prices dropped. Between the two trends, the standard of living rose for those still living.

Businesses, laborers, and farmers faced major challenges between 1877 and 1920. This was a time period that included both the Gilded Age and World War 1, and the challenges that these three parts of society faced were very different between each group and throughout each period. Businesses had to deal with things called “trusts” with other businesses. Many businesses desired to hold the monopoly of an entire industry, and competition was intense and cutthroat. Laborers, of course, faced the challenges of not having the previously mentioned working conditions, as well as pay cuts and unemployment during the depressions in the 1870s and the 1890s. Farmers had to deal with major drops in the prices for their crops due to the second Industrial Revolution and the development of new technology, as well as the already-difficult farming of the West. Many southern farmers were sharecroppers, as well, and as the prices for their goods fell, so did their standard of living.

Now, most economists will tell you that government control of prices simply does not work. Artificially high prices provide an incentive for an efficient producer to undercut the price to grab a larger share of the market. This wasn’t the only problem. Besides trying to control the power of the free market, the government faced another uncontrollable force: the weather. Agriculture, being entirely dependent on the whims of Mother Nature, and therefore an industry where accurate forecasts of production are nearly impossible, is not suited to long-range price-fixing schemes. Thus, the 1950s saw the abandonment of price-supports and the introduction of income supports.

Between 1945 and 1970 the GDP measured in consistent dollar amounts just about doubled. The raise of economic prosperity would continue to raise the income of most. The result? A generation that had experienced the deprivation of the 1930’s and rationing of wartime would find themselves’

In the late 1960s and early 1970s a few cases made it into the legal record with published decisions that other courts could read. In most of these cases the lawyers called in doctors as expert witnesses. The judges involved fell roughly into two camps. Some turned to the doctors who opposed transsexual surgery and rejected the petitions in the name of preserving the status quo. Others cited the doctors who endorsed transsexual surgery and tried to provide “relief” to the individual petitioners. The two camps came up with different definitions of sex. Neither, though, paid any attention to the transsexual activists who rejected the medical model, and neither questioned the need for the legal categories of female and male. In fact they went

They are both the children of 70s radicals. Tom’s parents were both college-educated and grew up in an academic environment. Tom’s mother was as radical as anyone and instilled that activism in Tom from an early age. She was someone who was politically aware due to her experiences in Kenya. Zack’s mother was a grad student of the University of California Irvine while his dad was a member of a legendary chicano art movement. The movement was basically Mexican americans who were politicized during the 60s. His father was part of the Los Four which was a latino group of artists that big shows in the early 70s. He was somebody who was conscious of what was going on and made a distinct effort to come and try an change things. Both, interestingly,