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Other Pages From The Year 1974 Featuring Toys Clothes Fashion Accessories

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1974 Inflation continues to spiral out of control around the world reaching 11.3% in the USA and 17.2% in the UK and the global recession deepens. The famous skeleton "Lucy" is discovered in Ethiopia which lived between 3.9 to 3 million years ago. More and more smaller digital based consumer products appear in the shops and the earliest forms of Word Processors appear which resemble a typewriter more than a computer. After the findings of the Watergate Scandal Richard Nixon becomes the first US president forced to resign from office.


Cost of Living 1974

How Much things cost in 1974
Yearly Inflation Rate USA 11.3%
Yearly Inflation Rate UK 17.2%
Year End Close Dow Jones Industrial Average 616
Average Cost of new house $34,900.00
Below are some Prices for UK guides in Pounds Sterling
Average House Price 10,990
Gallon of Petrol 0.42
A few More Examples
Cost of a gallon of Gas 55 cents
Average cost new car$3,750.00
Samsonite Case $62.00
Average Income per year $13,900.00
Average Monthly Rent $185.00




What Events Happened in 1974

UK
  • IRA begins bombing campaign on mainland Britainand bombs The Tower of London on July 17th and the Houses of parliament and pubs in Birmingham
U.S.
  • Following impeachment hearings started on May 9th Richard Nixonbecomes the first US president forced to resign after the Watergate Scandal
U.S.
  • President Gerald Ford gives unconditional pardon to Richard Nixon
U.S.
  • A major US Bank Franklin National Bank is declared insolvent
U.S.
  • 55 MPH Speed Limit imposed to preserve gas usage US wide
Australia
  • The Brisbane river floods large areas of the Brisbane business district and more than 8,500 homes were flooded in Brisbane and Ipswich.
World
  • Worldwide Inflationhelps to cause dramatic increases in the cost of fuel, food and manufacturing
U.S.
  • Sears Tower in Chicago becomes the worlds tallest building
U.S.
  • President Ford announces an amnesty program for Vietnam War deserters and draft evaders

Other Pages and Products From The People History

Happy 40th Birthday Coffee Mug

World
  • The Global Recession Deepens
World
  • Gasoline shortages and price increases throughout the world help to cause problems in most of the western worlds economies
World
  • Governments and people around the world spend more time debating the use of Nuclear Energy to combat problems with Oil Prices and Supply
World
  • Estimate of The Worlds Populationreaches 4 billion
India
  • Smallpox Epidemic in India causes the deaths of between 10,000 and 20,000 people
Syria
  • Henry Kissenger convinces Syria and Israel agree to a ceasefire on the Golan Heights on June 5th
Cyprus
  • Turkey Invades Northern Cyprus
U.S.
  • Patricia Hearst Kidnappers Demand $70 of food be given to every needy Californian
U.S.
  • In response to the energy crisis, daylight saving timecommences nearly four months early in the United States..
France
  • Charles de Gaulle Airportopens in Paris, France.
U.S.
  • The largest series of tornadoesin history, hits 13 U.S. states and one Canadian province. By the time the last of 148 tornadoeshit early the following morning, 315 died and over 5,000 were injured.
UK
  • British Coal Miners join many other unions striking for higher wages
India
  • India successfully detonates its first nuclear weapon on May 18th becoming the sixth nation to do so.
Australia
  • Cyclone Tracy strikes on 25th December almost completely destroys Darwin, Australia
World
  • Famine caused by drought threatens millions in Africa
France
  • The French President Georges Pompidou dies while in Office
Northern Ireland
  • Following a crippling strike, Northern Ireland's first power-sharing assembly collapses
U.S.
  • Work begins on the 800 mile long Alaska Oil pipeline
Portugal
  • Bloodless Military coup led by General Antoniio de Spinola, in Portugal
Argentina
  • President Isabela Peron ( Evita ), Juan Peron's third wife, becomes President of Argentina when her husband died.
Germany
  • West Germany Wins 1974 World Cup in West Germany
Russia
  • Soviet authorities expel Alexander Solzhenitsyn revoking his Russian citizenship



Technology

  • MRI Scanner( Magnetic Resonance Imaging } developed USA
  • Australopithecus afarensis was discovered in Ethiopia and is a hominid which lived between 3.9 to 3 million years ago belonging to the genus Australopithecus, They named the skeleton "Lucy"
  • After 84 days in space, the last crew of the temporary American space station Skylab return to Earth
  • Pocket calculators start to appear in shops
  • Offices start using a very primitive word processor that resembles a typewriter
  • Lucy an almost complete hominid skeleton over 3 million years old is discovered in Africa
  • The first use of UPC or Universal product Code BAR CODE UPC scanner installed in Marshes Supermarket in Troy Ohio ( check 1952 for first bar code use not UPC ) or the standard used today

Invention Invented by Inventors and Country ( or attributed to First Use )


1974 Mens and Womens Fashion Clothes

Part of our Collection of Clothing From The1970's
Fashion Clothing From 1974


1974 Childrens Toys

Part of our toy collection From The1970's

Kids Toys From 74


Popular Culture 1974

  • Actor Jon Pertwee makes his final regular appearance as the Third Doctor in Doctor Who and Tom Baker becomes the fifth doctor Who

Popular Films

  • The Sting
  • The Exorcist
  • Papillon
  • Herbie Rides Again
  • Blazing Saddles
  • The Great Gatsby
  • Serpico
  • Death Wish
  • The Godfather, Part II
  • Murder on the Orient Express

Popular Musicians and songs

  • ABBA
  • Beach Boys
  • David Bowie
  • Carpenters
  • Eric Clapton with " I Shot The Sheriff "
  • Alice Cooper
  • Deep Purple
  • Donovan
  • Ella Fitzgerald
  • Genesis
  • Grateful Dead
  • Joni Mitchell
  • Van Morrison
  • Dolly Parton
  • Queen
  • Minnie Riperton
  • Roxy Music
  • Sparks
  • Supertramp
  • Jethro Tull
  • The Velvet Underground
  • Barry White
  • Paul McCartney with " Band on the Run "
  • Stevie Wonder

Popular TV Programmes

  • Kung Fu
  • The Price Is Right
  • The Waltons
  • Kojak
  • Last of the Summer Wine
  • The Six Million Dollar Man


Born This Year 1974

Leonardo DiCaprio November 11th
Alanis Morissette June 1st
Jimmy Fallon September 19th
Victoria Beckham April 17th

1974 Calendar


Major World Political Leaders 1974

Australian Prime Minister Gough Whitlam Brazilian President Emilio Medici Till 15 March
Brazilian President Ernesto Geisel From 15 March

Canadian Prime Minister Pierre Trudeau

Chinese Chairman of the People's Republic of China Dong Biwu

French President Georges Pompidou Till 3 April
French President Valéry Giscard d'Estaing From 27 May

German Chancellor Willy Brandt Till 7 May
German Chancellor Walter Scheel From 7 May
German Chancellor Walter Scheel Till 16 May
German Chancellor Helmut Schmidt From 16 May
Indian Prime Minister Indira Gandhi

Italian Prime Minister Mariano Rumor Till 23 November
Italian Prime Minister Aldo Moro From 23 November
Japanese Prime Minister Kakuei Tanaka Till 9 December
Japanese Prime Minister Takeo Miki From 9 December

Mexican President Luis Echeverría Russian / Soviet Union
First Secretary of the CPSU Leonid Brezhnev South African Prime Minister Balthazar Johannes Vorster United States President Richard Nixon Till August 9,
United States PresidentGerald Ford From August 9,
United Kingdom Prime Minister Edward Heath Till 4 March
United Kingdom Prime Minister Harold Wilson From 4 March

Political Elections This Year


British General Election 2nd in 74 due to hung parliament 1974 Harold Wilson ( Labour ) defeats Edward Heath ( Conservative ) and Jeremy Thorpe ( Liberal )