Time Capsule of America
By Bailey Collins
Economic- The Love Canal in New York declared federal disaster- a neighborhood which held the disposal of 22,000 barrels of toxic waste and contaminated many families, leaving the neighborhood demolished.
Cultural- The Beatles split up; personally involved in financial and legal conflicts- became as much as a legend as the band itself, conflicts arise from different artistic visions from the members as well.
Global- Nuclear accident at Three Mile Island- mechanical problems caused nuclear reactant coolant.
Economic- The stock market crashes on Black Monday- began in Hong Kong, then throughout Europe and eventually reaching the US.
Cultural- The Internet is launched- Internet began with the satellite launched by the Soviet Union, Eisenhower created the ARPA, which dealt with computer science eventually leading to the Internet.
Global- AIDS recognized by the Centers for Disease Control and Prevention- a sexual disease originally spread by monkeys who carried SIV and crossed species somehow with humans.
Economic- NAFTA started- (North America Free Trade Agreement) signed by Mexico, Canada, and the United States.
Cultural- Combat roles open for women in the US military; The World Trade Center is bombed- US military lifted all gender- restrictions. A series of four coordinated terrorist attacks by the Al-Qaeda terrorist group, considered a suicide bombing mission.
Global- The Hubble Space Station and Hubble space telescope launched- largest and most versatile telescope launched, expanded researchers knowledge of space.
Economic- The oil prices hit a record high- One barrel of oil cost around $139, the economy lost 49,000 jobs.
Cultural- Facebook and YouTube are launched- (Facebook)Originally only allowed Harvard students to join but then expanded. (YouTube) Early headquarters were above a restaurant in Cali. Let's you upload videos.
Global- Water is discovered on the moon- "lunar water" (water ice), liquid water cannot be present on the moons surface but it is cold enough in its craters to have solid ice. Water molecules were also detected in the moons atmosphere.