Good Morning POU! Now let’s take a look at 1979!
Significant events include:
Three Mile island Nuclear Accident.
China institutes the one child per family rule.
General Knowledge Quiz Game Trivial Pursuit Launched.
USSR Invades Afghanistan.
For the first time in history in 1979 a woman Margaret Thatcher is elected Prime minister in the UK.
As technology becomes smaller Sony released the Walkman a worldwide success costing $200 which at that time was a significant amount of money.
The first Snowboard is invented in the USA.
The bombing by the IRA in England continues with Lord Mountbatten and three others assassinated.
Following the return of Ayatollah Ruhollah Khomeini Iran becomes an Islamic Republic and 63 Americans are taken hostage in the American Embassy in Tehran.
Cost of Living
Yearly Inflation Rate USA 11.2%
Year End Close Dow Jones Industrial Average 838
Interest Rates Year End Federal Reserve 15.25%
Average Cost of new house $58,100.00
Average Income per year $17,500.00
Average Monthly Rent $280.00
Cost of a gallon of Gas 86 cents
Sony Walkman $200.00
Chess Challenger Computer Chess Game $199.49
Atari Video Computer System $199.00
JVC VHS Video Recorder System $54.99
Mens Blazer, Vest and Slacks $39.99
King Size Bean Bag Chair $19.99
Toyota Corola $3,698.00
Mercury Couger XR7 $6,430.00
Top Grossing Films:
| 1 | Superman | Warner Bros. | $93,292,767 |
| 2 | The Amityville Horror | American Internat… | $86,432,520 |
| 3 | Rocky 2 | United Artists | $85,182,160 |
| 4 | Star Trek: The Motion Picture | Paramount Pictures | $82,258,456 |
| 5 | Alien | 20th Century Fox | $80,930,630 |
| 6 | Apocalypse Now | United Artists | $78,784,010 |
| 7 | The Muppet Movie | Associated Film D… | $76,657,000 |
| 8 | The Jerk | Universal | $73,691,419 |
| 9 | Moonraker | United Artists | $70,300,000 |
| 10 | 10 | Warner Bros. | $52,134,699 |
| 11 | The Deer Hunter | Universal | $50,000,000 |
| 12 | Love at First Bite | American Internat… | $43,900,000 |
| 13 | Escape from Alcatraz | Paramount Pictures | $43,000,000 |
| 14 | Meatballs | Paramount Pictures | $43,000,000 |
| 15 | The Electric Horseman | Universal | $42,670,138 |
Top Television Shows
| 1 | 60 Minutes | CBS | 28.4 |
| 2 | Three’s Company | ABC | 26.3 |
| 3 | That’s Incredible! | 25.8 | |
| 4 | Alice | CBS | 25.3 |
| M*A*S*H | |||
| 6 | Dallas | 25.0 | |
| 7 | Flo | 24.4 | |
| 8 | The Jeffersons | 24.3 | |
| 9 | The Dukes of Hazzard | 24.1 | |
| 10 | One Day at a Time | 23.0 | |
| 11 | Archie Bunker’s Place | 22.9 | |
| 12 | Eight Is Enough | ABC | 22.8 |
| 13 | Taxi | 22.4 | |
| 14 | House Calls | CBS | 22.1 |
| Real People | NBC | ||
| 16 | Little House on the Prairie | 21.8 | |
| 17 | Happy Days | ABC | 21.7 |
| 18 | CHiPs | NBC | 21.5 |
| 19 | Trapper John, M.D. | CBS | 21.2 |
| 20 | Charlie’s Angels | ABC | 20.9 |
| Barney Miller | |||
| 22 | WKRP in Cincinnati | CBS | 20.7 |