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In the US, the average annual inflation rate from 1900 to 1970 was approximately 2.5%. From 1970 to 1979, however, the average rate was 7.06%, and topped out at 13.29% in December 1979. [ 19] This period is also known for "stagflation", a phenomenon in which inflation and unemployment steadily increased.
1970 – Singer Janis Joplin dies of a drug overdose at the age of 27. 1970 – The Environmental Protection Agency is created. 1970 – The Occupational Safety and Health Act, or OSHA, is signed into law. 1971 – Singer Jim Morrison dies of a drug overdose at the age of 27. 1971 – President Richard Nixon ends the United States Gold standard ...
Instances of this include the Safi Rebellion (1945–46); the Pashtun revolt in Kandahar against provincial taxes and schools for girls (1959); an Islamist uprising in the Panjshir Valley (1975); and resistance to land reform, education policies and family law in Nuristan and Herat (1978).
1979 ( MCMLXXIX) was a common year starting on Monday of the Gregorian calendar, the 1979th year of the Common Era (CE) and Anno Domini (AD) designations, the 979th year of the 2nd millennium, the 79th year of the 20th century, and the 10th and last year of the 1970s decade.
1970 ( MCMLXX) was a common year starting on Thursday of the Gregorian calendar, the 1970th year of the Common Era (CE) and Anno Domini (AD) designations, the 970th year of the 2nd millennium, the 70th year of the 20th century, and the 1st year of the 1970s decade.
October 15 – The Baltimore Orioles defeat the Cincinnati Reds in Game 5 of the World Series, 9–3, to win the series 4 games to 1 for their 2nd World Championship. October 21 – A U.S. Air Force plane makes an emergency landing near Leninakan, Soviet Union. The Soviets release the American officers, including 2 generals, November 10.
This is a list of sovereign states in the 1970s, giving an overview of states around the world during the period between 1 January 1970 and 31 December 1979. It contains 191 entries, arranged alphabetically, with information on the status and recognition of their sovereignty. It includes 166 widely-recognized sovereign states (including 4 ...
February 13 – The intense February 13, 1979 Windstorm strikes western Washington and sinks a 1/2-mile-long section of the Hood Canal Bridge. February 14 – In Kabul, Muslim extremists kidnap the American ambassador to Afghanistan, Adolph Dubs, who is later killed during a gunfight between his kidnappers and police.