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It could also be protected to say that life is fairly totally different at this time, compared to 50 years ago.
From fashionable music, films and haircuts to monumental political moments, notable financial statistics and extra, listed here are some examples of how the U.S. has modified from 1974 to 2024.
Top tune
In 1974, the highest tune in the U.S. was “The Way We Were” by Barbra Streisand, in accordance to Billboard’s Hot 100 record.
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It was launched on Dec. 28, 1974.
In 2023, Brenda Lee’s vacation hit, “Rockin’ Around the Christmas Tree,” reached No. 1 on the Billboard’s Hot 100 record.
The tune was initially launched in 1958.
Shag haircuts
The layered look, with various lengths of locks, was a fashionable coiffure for women and men in the Nineteen Seventies, in accordance to the Hair & Makeup Artist Handbook, a web-based useful resource that gives media hair and make-up coaching.
In an summary of Nineteen Seventies hairstyles, the hair and make-up web site wrote that shag haircuts are “a unisex, no frills cut that involves evenly progressing layers with graduated sides and a full fringe.”
Celebrity hairdresser Paul McGregor reportedly created the fashion for Jane Fonda’s character Bree Daniels in the movie “Klute” (1971).
Other celebrities who donned the shag haircut all through the ’70s included rock ‘n’ roll star Joan Jett, singer Suzi Quatro, the pop boy band Bay City Rollers and “Partridge Family” actor David Cassidy, in accordance to the Hair & Makeup Artist Handbook’s overview.
Shag haircuts reportedly have made a comeback in popular culture, in accordance to a number of style and wonder magazines.
Best Picture
The forty sixth Academy Awards, hosted on the Dorothy Chandler Pavilion in the Los Angeles Music Center on April 12, 1974, honored movies that had been launched in 1973, in accordance to the Oscars web site.
The movie that received the Best Picture award was “The Sting,” directed by George Roy Hill; it starred Robert Redford and Paul Newman.
Nominees for the 96th Academy Awards, scheduled to air on March 10, 2024, are usually not but formally introduced.
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Variety named a number of Best Picture contenders for 2024 in a latest report, together with “Oppenheimer,” “Barbie,” Killerso of the Flower Moon,” “Poor Things,” The Holdovers,” “American Fiction,” “Maestro” and extra.
Gas costs
On common, the price of gasoline in the U.S. in 1974 was 53 cents per gallon, in accordance to information from the Office of Energy Efficiency & Renewable Energy.
Now, nationwide gasoline retail costs common round $3.36 per gallon, in accordance to an up to date Short-Term Energy Outlook forecast from the Energy Information Administration.
Median revenue
The median household revenue rose to $11,100 in 1974.
This was a rise of about 6%, which is “over the 1973 median of $10,500,” in accordance to the U.S. Census Bureau.
The nationwide family median revenue rose to $74,580 in 2022, a 2.3% decline from the 2021 estimate of $76,330, in accordance to the Census Bureau’s “Income in the United States: 2022” article, printed in September 2023.
Median residence price
In January 1973, the median gross sales worth of a brand new residence bought in the U.S. was $29,900, in accordance to information printed by the U.S. Census Bureau.
By the tip of the yr, median residence costs rose to $35,700.
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In 1974, “recession struck again,” in accordance to gobankingrates.com, “with an extended decline that actually began the prior year and lasted all the way until March 1975.”
Prices of properties then jumped to a median of $35,900.
The median gross sales worth of recent properties bought in November 2023 was $434,700, with the common gross sales worth being $488,900, in accordance to Monthly New Residential Sales information the Census Bureau launched on Friday, Dec. 22.
President Gerald Ford takes workplace
Gerald R. Ford took the presidential oath of workplace on Aug. 9, 1974.
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Ford was sworn in because the thirty eighth president of the United States of America as he declared, “I assume the presidency under extraordinary circumstances … This is an hour of history that troubles our minds and hurts our hearts,” in accordance to whitehouse.gov.
He was referencing, after all, the resignation of Richard Nixon (see under).
During Ford’s first two years in the White House, he despatched the U.S. Air Force and the U.S. Marines to take again the American freighter Mayaguez, which was illegally seized by Cambodian communists, in accordance to the Gerald R. Ford Library.
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He additionally lower inflation by greater than half — and almost 4 million Americans had discovered jobs because the backside of the recession, in accordance to the identical supply.
Watergate scandal ends, Nixon resigns
The Watergate trial started on Jan. 10, 1973, in accordance to the U.S. Senate web site.
The 5 males who broke into the Democratic National Committee headquarters at The Watergate Hotel in Washington, D.C., on June 17, 1972, pleaded responsible and two had been convicted by a jury.
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“Chief Federal District Judge John Sirica expressed skepticism that all the facts in the case had been revealed,” the U.S. Senate web site says.
“Judge Sirica urged those awaiting sentencing to cooperate with the soon-to-be-established Senate Select Committee.”
In February 1973, the Select Committee on Presidential Campaign Activities was established to examine the marketing campaign actions associated to the presidential election of 1972.
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The committee submitted its remaining report in 1974.
The Watergate scandal finally led to President Richard Nixon’s resignation on the night of Aug. 8, 1974.
The Senate’s web site says the Watergate investigation “stays one of the vital vital congressional inquiries in U.S. historical past.”
For extra Lifestyle articles, go to www.foxnews.com/way of life.
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