The 1980s ( pronounced "nineteen-eighties", commonly shortened as the "80s" ] was a decade of the Gregorian calendar that began on January 1, 1980, and ended on December 31, 1989. The decade saw great socioeconomic change due to advances in technology and a worldwide move away from planned economies and towards laisse-faire capitalism. Many economists at the very least agree that the changing global economic trends of the 1980s can be somewhat attributed to the "Reagan Boom", which, in the 1980s was a record setting era that produced more jobs and more economic expansion than any other time in U.S. history.

 

Video games and personal computers experienced explosive growth. MTV was launched and music videos began to have a larger effect on the record industry. The space shuttle program was progressing smoothly, until the tragic loss of the Challenger (STS-51-L) on January 28, 1986, taking with it seven astronauts, including Christa McAuliffe, who was to have been the first teacher in space. 

News

Headlines

1980

President Halts Grain To Russia Following Afghanistan Invasion 

 

Carter Severs Diplomatic Ties To Iran. Khomeini Militants Hold Hostages 

 

US Olympic Committee Votes To Boycott Moscow Summer Games 

125,000 Cuban Refugees Released By Castro Arrive In Miami 

 

US Rescue Mission To Iran Fails, 8 Die As Two Aircraft Collide 

 

Washington Volcano Mount Saint Helen Erupts , 22 Die 

 

Iraq Invades Iran 

 

John Lennon Is Shot To Death In New York

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In The News

1980

Andrei Sakhorov Is Exiled to Gorky 

Operation "Abscam" indicts 30 officials 

Yugoslav leader Marshall Tito, 87 dies  

Workers seize shipyards in Gdansk, Polish court recognizes Solidarity as umbrella union 

Reagan defeats Charter 43 million to 35 Million 

Gold hits 880 dollars per ounce 

Inflation rate hits 13.5%, Prime rate hits 21% 

Gang of four including Mao's wife go on trial in Beijing 

400 cases of "Toxic Shock Syndrome" caused by certain kinds of Tampons 

Trial of Elvis Presley's physician reveals Elvis took 10,000 pills in the 20 months prior to his death 

 

Fads, Rubik's Cube, Sony Walkman, Yoda 

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Economy

Prices

1980

Cost of a new home: $76,400.00 

Cost of a new car: $ 

Median Household Income: $17,710.00 

Cost of a first-class stamp: $0.15 

Cost of a gallon of regular gas: $1.25 

Cost of a dozen eggs: $0.91 

Cost of a gallon of Milk: $2.16 

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1980

President: James Earl Carter, Jr. 

Vice President: Walter F. Mondale 


Population: 227,224,681 

Life expectancy: 73.7 years 


Dow-Jones  

High: 1000 

Low: 759 


Federal spending: $590.95 billion 

Federal debt: $909.1 billion 

Inflation: 13.5% 

Consumer Price Index: 82.4 

Unemployment: 5.8%

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80's Sports

Magic Johnson
Florence Griffith-Joyner (Flo Jo)
Sugar Ray Leonard

Football

1980

Superbowl XV : Oakland 27 - PHILADELPHIA 10 

  

Pro MVP: Brian Sipe, Cleveland, QB & Ron Jaworski, Philadelphia, QB 

  

College Football: Georgia 

  

Heisman Trophy: George Rogers, South Carolina, RB 

  

Rose Bowl: Michigan 23, Washington 6 

Orange Bowl: Oklahoma 18, Florida St. 17 

Cotton Bowl: Alabama 30, Baylor 2 

Sugar Bowl: Georgia 17, Notre Dame 10

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Basketball

1980

NBA Championship 

Winner: LA Lakers 4-2 (WLWLWW) - Coach: Paul Westhead 

Opposing Team: PHILA. 76ERS - Coach: Billy Cunningham 

  

NBA MVP: Kareem Abdul-Jabbar, LA, C Ave Score: 24.8 

  

NCAA National Champions: Louisville 33-3 - Coach: Denny Crum 

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Baseball

1980

World Series 

Winner:  PHILA. PHILLIES 4-2 (WWLLWW) - Coach: Dallas Green 

Opposing Team: Kansas City - Coach: Jim Frey 

  

National League 

MVP: Mike Schmidt, Phi -  3B 

Rookie of the Year: Steve Howe, LA -  P 

  

American League 

MVP: George Brett, KC -  3B 

Rookie of the Year: Joe Charboneau, Cle -  OF-DH

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Video

Sweetness - Walter Payton
Hagler/Hearns - Best First Round Ever!

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