The Seventies
Saw massive inflation worldwide much of it caused by the Oil Crisis in the Middle East, Digital Technology is seen for the first time in consumer products including the first calculator, as technology advanced the range and function of home appliances improved, The Vietnam War ends and the Cold War gets Colder.
Seventies Inventions
The Year Invented Inventors and Country or attributed to First Use
Barcode —– 1973 USA
E-Mail —– 1971 USA
Floppy Disk —– 1971 USA by Alan Shugart
Genetic Engineering —– 1973 USA by S Cohen and H Boyer
InkJet Printer —– 1976 USA
In Vitro Fertilisation —– 1978 England “test-tube baby”
Laser Printer —– 1975 USA
LCDs —– 1970 England by George Gray – Liquid Crystal Display
Microprocessor —– 1971 USA
MRI Scanner —– 1977 USA by Raymond Damadian
Personal Computer —– 1975 USA
Space Station —– 1973 USA Skylab
Seventies Money and Inflation
If you have $100 Converted from 1970 to 2020 it would be equivalent to $665.24 today
In 1970 a new house cost $23,400.00 and by 1979 was $58,500.00
The average income per year was $9,350.00 and by 1979 was $17,550.00
A gallon of gas was 36 cents and by 1979 was 86 cents
The average cost of a new car was $3,900.00 and by 1979 was $5,770.00
A few more prices from the ’70s and how much things cost:
Datsun 210 $3,869
Dodge Colt $4,785
Warm Leather Lined Boots $39.99
Car 8 Track Stereo Tape Player $38.99
CB Radio $147
Medium Eggs 25 cents per dozen
King Size Bean Bag Chair $19.99
Porcelain Kitchen Sink $9.88
Quartz Alarm Clock $12.97
Seventies Popular Culture
The ’70s produced many icons, one of those being the modern waterbed created by Charles Hall in 1968. This was fueled by the sexual revolution of the Decade encompassing the Waterbed.
Some of the Most Well Known Movie Stars of the Seventies
Paul Newman
Robert Redford
Clint Eastwood
John Wayne
Burt Reynolds
Al Pacino
Woody Allen
Barbra Streisand
Seventies Fashion
Seventies clothes and fashions included many of the styles worn today in modified forms but also some very short-lived examples that when we look at wonder how and why we ever wore them.
Seventies Homes
As technology improved the range and sophistication of home appliances offered much greater freedom and uses including “Time Saving Devices”, plus as you can see for the second example some items had a 70’s look and feel all of their own. But Color TV’s still have a long way to go The Latest and Cinema Screen Color TV costs close to $800 in today's money about $4,000. As technology improved the range and sophistication of home appliances offered much greater freedom and uses including “Time Saving Devices”, plus as you can see for the second example some items had a 70’s look and feel all of their own.
