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What Was Happening

E
C
O
N
O
M
Y
  • Average US yearly income was $14,100
  • Gas cost $.44.
  • Average US house was $39,300.
  • Average UK house was £11,787.
N
E
W
S
  • Spanish dictator Franco dies.
  • US pulls out of Cambodia.
  • South Vietnam falls as the North takes over.
  • Suez Canal reopens.
  • King Faisal of Saudi Arabia assassinated.
  • Baader-Meinhof terrorists take 11 hostages in West German embassy in Stockholm. The concept of the Stockholm Syndrome results.
  • Independence: Angola from Portugal, Suriname from Holland, Mozambique from Portugal.
T
R
I
V
I
A
  • Bill Gates and Paul Allen found Microsoft.
  • All three networks create a family hour free of sex and violence.
  • Saturday Night Live gives us a reason to stay home that night.
  • Both Betamax and VHS introduced.
F
I
L
M
  • Jaws eats a boat.
  • Nurse Ratched scared us and annoyed Nicholson in One Flew Over the Cuckoo's Nest.
  • CIA proves even reading books can kill you in Three Days of the Condor.
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