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The 1980s (pronounced "nineteen-eighties", shortened to "the '80s" or "the Eighties") was the decade that began on January 1, 1980, and ended on December 31, 1989.. The decade saw a dominance of conservatism and free market economics, and a socioeconomic change due to advances in technology and a worldwide move away from planned economies and towards laissez-faire capitalism compared to the 1970s.
In addition, the media and entertainment industry during the 1980s glamorized the stock market and financial sector (e.g. the 1987 movie Wall Street), causing many young people to pursue careers as brokers, investors, or bankers instead of manufacturing and making it unlikely that any of the lost industrial base would be restored any time soon.
1980 was a leap year starting on Tuesday of the Gregorian calendar, the 1980th year of the Common Era (CE) and Anno Domini (AD) designations, the 980th year of the 2nd millennium, the 80th year of the 20th century, and the 1st year of the 1980s decade.
He is sentenced to death by the jury; his execution is set for June 2, 1980. March 21 Mafioso Angelo Bruno is assassinated in Philadelphia. U.S. President Jimmy Carter announces that the United States will boycott the 1980 Summer Olympics in Moscow. March 22 – The Georgia Guidestones are erected in Elbert County, Georgia. [3]
President Ronald Reagan was the face of the United States during the 1980s. 1980 – The United States boycotts the Summer Olympics in Moscow to protest the 1979 Soviet invasion of Afghanistan; also announces a grain embargo against the Soviet Union with the support of the European Commission.
The 1980s (pronounced "nineteen-eighties", shortened to "the '80s" or "the Eighties") was the decade that began on January 1, 1980, and ended on December 31, 1989.. The decade saw a dominance of conservatism and free market economics, and a socioeconomic change due to advances in technology and a worldwide move away from planned economies and towards laissez-faire capitalism compared to the 1970s.
After experiencing declining homicide rates during the Great Depression, World War II, and during the initial Cold War, the U.S. homicide rate increased by a factor of 2.5 between 1957 and 1980 while rates of rape, assault, robbery, and theft experienced similar surges and did not return to comparable levels until the 1990s. [31] [32]
After failing to gain traction during the weak and brief recovery from the 1980 downturn, weakness in manufacturing and housing caused by rising interest rates began to have an expanded effect on related sectors beginning in mid-1981. [2] Job losses resumed, this time expanding to nearly all employment sectors through the end of 1982.