What started in the 60’s was carried over into the 70’s.
The world was changing, so too was what used to be “normal.” It was a decade that brought about new thoughts and ideas; feminism, the antiwar movement, and environmentalism. Politically, it was also marked by a “silent majority” or the “new right,” a quiet conservative movement that defended conservatism. But even our leaders were disillusioned and skeptical, as President Richard Nixon and the Watergate scandal took center stage toward the middle of the decade.
The 1970’s was full of new technology, the beginning of video games and computers, new movies like Star Wars, and culturally relevant TV like The Brady Bunch and All In The Family. It was the end of the Boomer generation and the beginning of “Generation X.”
What new slang was introduced during the 70’s that you can think of? This is a list of
all the words that were in popular usage during the 70s.
Disco music was an interesting musical mix influenced by funk, soul and latin styles. If you were headed to the club in the 70’s you would be listening to disco and you would probably dance like John Travolta in Saturday Night Fever.
Would you like a pet that doesn’t eat, doesn’t mess up the house or do much of anything? In 1975 you were in luck! For a short period of time, millions of “pet rocks” were sold to people around America. T
he pet rock was the brainchild of advertising executive Gary Dahl.
Citizen Band radio came into popularity in the late 1970’s. CB’s were used by truckers to save on gas during the fuel shortages of the 70’s and they also helped avoid speed traps. Many movies and TV shows featured CB radios and it caught on. Even the first lady otherwise known in CB radio-land as “First Mama” Betty Ford was using a CB radio.
Even though these suits were invented about 40 years before they were at their height in popularity, the leisure suit was a suit that you could wear out for a night on the town, and still be comfortable. They fell out of style toward the end of the decade.
Feathered hair became very popular in the 70’s, as the beautiful movie star Farrah Fawcett wore the style. Many women followed suit, and feathered their hair.
The role of women in society was profoundly altered with growing feminism across the world and with the presence and rise of a significant number of women as heads of state outside monarchies and heads of government in a number of countries across the world during the 1970s, many being the first women to hold such positions. Non-monarch women heads of state and heads of government in this period included Isabel Martínez de Perón as the first woman President in Argentina and the first woman non-monarch head of state in the Western hemisphere in 1974 until being deposed in 1976, Elisabeth Domitien becomes the first woman Prime Minister of the Central African Republic, Indira Gandhi continuing as Prime Minister of India until 1977 (and taking office again in 1980), Prime Minister Golda Meir of Israel and acting Chairman Soong Ching-ling of the People’s Republic of China continuing their leadership from the sixties, Lidia Gueiler Tejada becoming the interim President of Bolivia beginning from 1979 to 1980, Maria de Lourdes Pintasilgo becoming the first woman Prime Minister of Portugal in 1979, and Margaret Thatcher becoming the first woman Prime Minister of the United Kingdom in 1979. Both Indira Gandhi and Margaret Thatcher would remain important political figures in the following decade in the 1980s.
No serious economist claims to know the answer to this mystery. Indeed, there is a Nobel Prize waiting for the first economist who does. Anyone who claims to have the secret to restoring growth is someone you can dismiss with perfect confidence — especially if the claim comes from a non-economist, and even more so if it comes from a politician campaigning for office.
Several theories have been forwarded, but all have their problems. The first and most obvious was that the 1973 Arab Oil Embargo adversely affected the American economy. But rising oil prices were an even more severe problem in Japan, whose economy enjoyed explosive growth in the 70s. And the bottom fell out of world oil prices around 1980, with no restoration of American growth. For these and other reasons, economists eventually came to reject this theory.