Portal:1970s


The 1970s Portal

The 1970s (pronounced "nineteen-seventies"; commonly shortened to the "Seventies" or the "'70s") was a decade that began on January 1, 1970, and ended on December 31, 1979.

In the 21st century, historians have increasingly portrayed the 1970s as a "pivot of change" in world history, focusing especially on the economic upheavals[1] that followed the end of the postwar economic boom.[2] On a global scale, it was characterized by frequent coups, domestic conflicts and civil wars, and various political upheavals and armed conflicts which arose from or were related to decolonization, and the global struggle between NATO, the Warsaw Pact, and the Non-Aligned Movement. Many regions had periods of high-intensity conflict, notably Southeast Asia, the Mideast, and Africa.

In the Western world, social progressive values that began in the 1960s, such as increasing political awareness and economic liberty of women, continued to grow. In the United Kingdom, the 1979 election resulted in the victory of its Conservative leader Margaret Thatcher, the first female British Prime Minister. Industrialized countries experienced an economic recession due to an oil crisis caused by oil embargoes by the Organization of Arab Petroleum Exporting Countries. The crisis saw the first instance of stagflation which began a political and economic trend of the replacement of Keynesian economic theory with neoliberal economic theory, with the first neoliberal government coming to power with the 1973 Chilean coup d'état. The 1970s was also an era of great technological and scientific advances; since the appearance of the first commercial microprocessor, the Intel 4004 in 1971, the decade was characterised by a profound transformation of computing units – by then rudimentary, spacious machines – into the realm of portability and home accessibility.

On the other hand, there were also great advances in fields such as physics, which saw the consolidation of quantum field theory at the end of the decade, mainly thanks to the confirmation of the existence of quarks and the detection of the first gauge bosons in addition to the photon, the Z boson and the gluon, part of what was christened in 1975 as the Standard Model.

In Asia, the People's Republic of China's international relations changed significantly following its recognition by the United Nations, the death of Mao Zedong and the beginning of market liberalization by Mao's successors. Despite facing an oil crisis due to the OPEC embargo, the economy of Japan witnessed a large boom in this period, overtaking the economy of West Germany to become the second-largest in the world.[3] The United States withdrew its military forces from the Vietnam War. In 1979, the Soviet Union invaded Afghanistan, which led to the Soviet–Afghan War.

The 1970s saw an initial increase in violence in the Middle East as Egypt and Syria declared war on Israel, but in the late 1970s, the situation in the Middle East was fundamentally altered when Egypt signed the Egyptian–Israeli Peace Treaty. Political tensions in Iran exploded with the Iranian Revolution in 1979, which overthrew the Pahlavi dynasty and established an Islamic republic under the leadership of Ayatollah Khomeini.

Selected article -

The Environmental Protection Agency (EPA) is an independent agency of the United States government tasked with environmental protection matters. President Richard Nixon proposed the establishment of EPA on July 9, 1970; it began operation on December 2, 1970, after Nixon signed an executive order. The order establishing the EPA was ratified by committee hearings in the House and Senate.

The agency is led by its administrator, who is appointed by the president and approved by the Senate. Since January 29, 2025, the administrator is Lee Zeldin. The EPA is not a Cabinet department, but the administrator is normally given cabinet rank. The EPA has its headquarters in Washington, D.C. There are regional offices for each of the agency's ten regions, as well as 27 laboratories around the country. (Full article...)

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Selected biography -

Gates in 2025

William Henry Gates III (born October 28, 1955) is an American businessman and philanthropist. A pioneer of the microcomputer revolution of the 1970s and 1980s, he co-founded the software company Microsoft in 1975 with his childhood friend Paul Allen. Following Microsoft's initial public offering in 1986 and the subsequent increase in its stock price, Gates became the world's then-youngest billionaire in 1987, at age 31. Forbes magazine ranked him as the world's wealthiest person for 18 out of 24 years between 1995 and 2017, including 13 years consecutively from 1995 to 2007. Gates became the first centibillionaire in 1999, when his net worth briefly surpassed US$100 billion. According to Forbes, as of February 2026, his net worth stood at US$107.7 billion, making him the 18th-wealthiest individual in the world.

Born and raised in Seattle, Washington, Gates was privately educated at Lakeside School, where he befriended Allen and developed his computing interests. In 1973, he enrolled at Harvard University, where he took classes including Math 55 and graduate-level computer science courses, but he dropped out in 1975 to co-found and lead Microsoft. He served as its CEO for the next 25 years and also became president and chairman of the board when the company was incorporated in 1981. Succeeded as CEO by Steve Ballmer in 2000, he transitioned to chief software architect, a position he held until 2008. He stepped down as chairman of the board in 2014 and became technology adviser to CEO Satya Nadella and other Microsoft leaders, a position he still holds. He resigned from the board in 2020. (Full article...)

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Sources

  1. ^ Howard Brick, "Review", American Historical Review (2012) 117#5 p 1537
  2. ^ Marglin, Stephen A.; Schor, Juliet B. (1992). Golden Age of Capitalism: Reinterpreting the Postwar Experience – Oxford Scholarship. doi:10.1093/acprof:oso/9780198287414.001.0001. ISBN 9780198287414.
  3. ^ Hays, Jeffrey (August 2012). "Economic History of Japan in the 1970s and 80s". Facts and Details. Archived from the original on 2012-05-19. Retrieved 2012-12-02.
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