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The Twenty-sixth Amendment to the United States Constitution was ratified on July 1, 1971, lowering the voting age for all federal and state elections from 21 years to 18 years. The primary impetus for this change was the fact that young men were being drafted to fight in the Vietnam War before they were old enough to vote. [33]
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1971 was a common year starting on Friday of the Gregorian calendar, the 1971st year of the Common Era (CE) and Anno Domini (AD) designations, the 971st year of the 2nd millennium, the 71st year of the 20th century, and the 2nd year of the 1970s decade.
One of the first challenges OPEC faced in the 1970s was the United States' unilaterally pulling out of the Bretton Woods Accord and taking the U.S. off the established Gold Exchange Standard in 1971. The change resulted in instability in world currencies and depreciation of the value of the U.S. dollar, as well as other currencies. The revenues ...
By the summer of 1971, Nixon was under strong public pressure to act decisively to reverse the economic tide. On August 15, 1971, he ended the convertibility of the U.S. dollar into gold, which meant the demise of the Bretton Woods system, in place since World War II. As a result, the U.S. dollar fell in world markets.
At the very start of the address, Nixon mourned the death of Senator Richard Russell Jr. [2]. The address was known for introducing Nixon's "six great goals", [3]: 52 [4] which would go on to be reiterated in the 1972 State of the Union Address: [3]: 54
The first edition of the book was published by New American Library in 1971, as a paperback under its Signet imprint. A revised edition, adding the essay "The Age of Envy", appeared in 1975. [2] In 1999, Rand's estate authorized publication of an expanded edition titled Return of the Primitive: The Anti-Industrial Revolution.
January 28 – An explosion at a federal building in Los Angeles kills 18-year-old employee Tomas Ortiz. January 31 – Apollo program: Apollo 14 (carrying astronauts Alan Shepard, Stuart Roosa, and Edgar Mitchell) lifts off on the third successful lunar landing mission.