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What Was Happening

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  • Average US yearly income was $12,900
  • Gas cost $.40.
  • Average US house was $32,500.
  • Average UK house was £9,942.
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  • OPEC announces oil restrictions.
  • UK, Ireland, and Denmark join the EEC.
  • US signs peace accord with Vietnam.
  • World Trade Center built.
  • Yom Kippur War starts when Egypt and Syrian forces invade Israel.
  • Basque separatists kill Spanish Prime Minister.
  • Chili government overthrown in a coup led by General Pinochet.
  • Northern Ireland holds referendum and majority vote to stay in UK.
  • In Argentina, Juan Peron returns to take office again.
  • Independence: Belize from UK, Bahamas from UK
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  • Skylab is launched into space. Computers began to talk over phone lines using TCP/IP. Jetski is first sold by Kawasaki,
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  • The Exorcist was scaring everyone, The Sting gave con men a good name, and nostalgia can be cool in American Graffiti.
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