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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.
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]
The Nixon shock was the effect of a series of economic measures, including wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold, taken by United States president Richard Nixon on 15 August 1971 in response to increasing inflation. [1] [2]
It will move to CBS a year later and would return to NBC in 2024. December 25 – In the longest game in NFL history, the Miami Dolphins beat the Kansas City Chiefs 27–24 after 22 minutes, 40 seconds of sudden death overtime.
1981–1982 — The killing of 6-year-old Adam Walsh (1981), and the disappearance of Johnny Gosch, a 12-year-old newspaper carrier from Des Moines, Iowa (1982), raise awareness of missing children cases in the United States. 1983 – 241 U.S. Marines are killed by a suicide bomb in Lebanon. 1983 – The United States invades Grenada.
January 1 – President Nixon spends New Year's Day at Camp David with his family and aides. [1]January 2 – The White House releases the text of a message sent to Congress by President Nixon the previous day alongside his vetoing of a bill raising the pay for roughly 850,000 federal workers.
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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 ...