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The 1980s McGraw-Hill/IrwinCopyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.

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Presentation on theme: "The 1980s McGraw-Hill/IrwinCopyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved."— Presentation transcript:

1 The 1980s McGraw-Hill/IrwinCopyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.

2 “Free love” attitudes of the seventies dissolved with the identification of AIDS Vinyl record albums replaced by CDs Long “hippie” hair and dress styles changed to “yuppies” (young urban professionals) in smart business dress The end of the Cold War and dissolution of the Soviet empire Inflation and high interest rates vacillated through decade, Stock market crash in 1987, but the market recovered Introduction of QVC and the Home Shopping Network encouraged shopping from homes Assassination of former Beatle John Lennon drained much optimism of rock fans MTV (Music Television) sparked new fashion and dance trends 17a-2

3 Fund-raising concerts to aid people experiencing world problems included: “We Are the World” (1985) Live Aid Farm Aid Increase in popularity of trendy styles: multiple earrings and other piercing brightly colored hair oversized clothes brand-name sneakers without laces baseball caps turned sideways or backward Sports fans missed: 1980 Moscow Summer Olympic Games to protest invasion of Afghanistan Major league baseball strike in June, 1981, canceled 713 baseball games 1989 World Series game postponed because of a San Francisco earthquake 17a-3

4 Environmental disasters: An American-owned insecticide plant in India leaked toxic gas Explosion in a nuclear power plant in Chernobyl, Russia (1986) Exxon Valdez oil tanker spilled oil in Alaskan waters Middle Eastern turmoil: Assassination of Egyptian president Anwar Sadat Iraq and Iran at war U.S. aided Afghan guerrillas against the Soviet Union in Afghanistan Other major events: Explosion of the Challenger space shuttle Development of MRI (magnetic resonance imaging) and NMR (nuclear magnetic resonance) greatly improved diagnosis of diseases that traditional X-rays could not show First artificial heart Personal computers inexpensive enough for use in many homes, schools, and businesses 17a-4

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