During his lead, the American economy went from a GDP growth of -0.3% in 1980 to 4.1% in 1988, averaging 7.91% annual growth in current dollars (William K. Niskanen). Under Reagan many jobs were created, leading to an increased GDP. November 1982, when Reagan’s economic policies began to take effect, to November 1989, shortly after he left office, 18.7 million new jobs were created; a record for a comparable period at that time (Independence Hall). Another positive effect of jobs was money for families. Reagan also simplified the tax code by reducing the number of tax brackets to four and slashing a number of tax breaks (William K. Niskanen).
Therefore, “on February 28, 1983, 106 million Americans watched the final episode of M*A*S*H* [...]” (Condon, Moffat, and Pearlman 190). This shows that M*A*S*H* was the start of a new world of sitcoms. Little did they know, the television world was greatly influenced by the TV show M*A*S*H*. Furthermore, “[...] The A-Team [..]. It was so successful, in fact, that any discussion of 1980s popular culture is incomplete without its mention” (324).
Assembly line Taylor Graff Henry Ford - Henry Ford created the assembly line mode of production that revolutionized the industry. Ford introduced the model T in October of 1908 which had 100 percent gains for several years. He sponsored the development of the mass production moving assembly line technique in 1914 when he introduced the $5-per-day wages, which would equal $110 in 2011. Henry Ford died on April 7, 1947 at the age of 83 from cerebral hemorrhage. Most influential Jazz Player Taylor Graff Duke Ellington - He was born on April 29, 1899 in Washington DC.
When Reagan took office in 1981 the GDP was at 6.59 trillion dollars. When he left office in 1989 the GDP had risen to 8.85 trillion dollars. With a thirty-four percent increase over the course of his administration. This is an astonishing amount and probably well exceeded any increase Reagan could have possibly hoped for. Reagan was able to do this thanks to his two tax cuts.
In just 100 years we have successfully and amazingly come so far with technology. Television, an American household staple, wasn 't prevalent in the US until the 1940 's but fast forward to the 1970 's and television was easily and indisputably the medium for information and entertainment. During this time, the US owned approximately 90 million of the 250 million television sets produced in the entire world. And like with most cultures and societies, we became progressive in regards to what types and genres of television shows we watch. Not too long, Americans first discovered and became infatuated with the idea of Reality Based Television.
As stated in the TV Guide article Saying Goodbye to CSI, a Show That Changed TV, by Adam Bryant, “After 15 seasons, 337 episodes, three spin-offs and a handful of cast changes through the years…It's difficult to understate the influence of the show, which has grown to become the largest TV franchise in the world.” Even the three spin-off shows, have had phenomenal success rates. With the original and the spinoffs, “CSI, CSI: Miami, CSI: NY and CSI: Cyber, (the franchise) has so far generated 800 episodes”, that have reached tens of millions of people around the world. With such a large influence over such a time period, it is not surprising that the show has majorly impacted television audiences. How did the television program of CSI become such a success? I believe it is because the audience liked to believe
bout: Psycho a film that is world renowned, the original film was released on September 8th, 1960 in the DeMille Theatre. Alfred Hitchcock was the director and producer. The total running time of the film was 109minuets, the film was predominantly aimed at Americans, the release language was English. The budget which Alfred Hitchcock had to manage was $806,947 which was a lot of money in the 1960s. At Box office, it made over $50million but in 2018 this would be the equivalent to $592.6 Million due to inflation.
More babies were born than ever before in 1946, that being 3.4 million, that 's a whopping twenty percent higher than its previous year. It went on to another 3.8 million babies born in 1947, another 3.9 million in 1952 and four million more every year until it finally began to taper off in 1962. That is enough friction to melt the sun if you will, so many as 76.4 million babies were born from 1946-1964 that they made up forty percent of the nations population and now were known as the baby boomers. There numerous theories to as why this great baby boom occurred, some say it was a deep desire for normality after sixteen years of depression and war. Others claim it was a plea to fight the scare of communism and to take over by shear numbers.
Hollywood being the biggest regarding income with 90% of aggregate industry income to its name, while Bollywood having the capacity to catch just 3% of the business add up to . On the other hand, Bollywood leads with more than 1000 film creations a year taking into account a worldwide crowd of 3 billion. Hollywood creates more than 500 motion pictures every year and has about 2.6 billion watchers . The principal felt that strikes one 's mind when you hear the word Hollywood is the American film Industry, as opposed to the area that is arranged North West of Downtown Los Angeles in the province of California. Hollywood ended up noticeably acclaimed since the mid 1900s for the birth and improvement of the American Cinema Industry (1).
One of the all-time greats of baseball, Babe Ruth, had a salary of $80,000 in 1930. In today’s dollars, Babe Ruth would’ve only been making $1.436 million. He was the exception, not the rule. Over the next 20-year period, the average salary only went up $2000, even though inflation skyrocketed during this time. It’s not say Babe Ruth’s salary was historically low.
While describing the World Food Bank, he mentions that between 1960 and 1970 the US alone spent $7.9 billion through taxes to help other countries have food. He later mentions the speed of the poor population multiplying versus the wealthy. Noticing that the rich only increase by 0.8% every year and the poor increase by 3.3% every year, can create a concern. Hardin says that “the doubling time for this aggregate population is twenty-one years, compared to eighty-seven years for the US” (Hardin 735). This shows that the poor population would have doubled four times before the US doubled once.
In 1979, Target attained $ 1 billion in annual sales. They have by now 74 stores in 11 states, and they wants to keep opening other Target. In 2005, Target surpasses $ 50 billion annual sales. Today Target has 1799 stores in the United States and has 38 distribution centers in the United States. As of today Target is worth $ 72.6 billion and is ranked to be the 92 World’s Most Valuable
In the years following World War I, the American economy turned from progressivism to consumerism, (2016). It took a few years for the economy to convert from producing wartime goods, such as guns and naval ships, to producing goods that were more consumer oriented. However, during this time the United States became the richest society in history. “American per capita incomes grew by 30% during the decade, industrial output increased by 60%, and unemployment remained below 5%, (2016). Most people enjoyed the things that their rising wages could afford them and many of them raised their standard of living accordingly.