1976 Inflation continues to be a problem around the world. Concorde enters service and cuts transatlantic flying time to 3 1/2 hours. One year after Microsoft is formed Apple is formed by Steve Jobs and Steve Wozniak. In South Africa Riots in Soweto mark the beginning of the end of apartheid. In music the first of the Punk Bands appear The Damned release New Rose classified as Punk Rock Music
Cost Of Living, - News, Facts and Events, - Movies, TV and Music, - Technology, - World Leaders,
Cost Of Living, - News, Facts and Events, - Movies, TV and Music, - Technology, - World Leaders,
Cost of Living 1976
How Much things cost in 1976Yearly Inflation Rate USA5.75%
Year End Close Dow Jones Industrial Average 1004
Interest Rates Year End Federal Reserve 6.25%
Average Cost of new house $43,400.00
Average Income per year $16,000.00
Average Monthly Rent $220.00
Cost of a gallon of Gas 59 cents
Plymouth Arrow$3,175.00
Polaroid Camera Camera History $28.00
Below are some Prices for UK guides in Pounds Stirling
Average House Price 12,704
Gallon of Petrol 0.76
Yearly Inflation Rate UK 16.5%
Interest Rates Year End Bank of England 14.25%
To find more prices and information for the 70's including 1976
1970's - Cars and Car Prices - Music -
What Events Happened in 1976
- Earthquake in Tabgshan China kills 655,000
- Earthquake measuring 6.5 on the Richter scale strikes in North Eastern Italy
- Tidal Wave in Philippines kills 5,000
- The First Commercial Concorde Flights take off
- Worst Drought on record hits Britain forcing the use of Standpipes
- Maria Peron Deposed by Military Coup in Argentina
- Hurricane Belle Hits US East Coast
- James Callaghan becomes Britains Prime Minister
- 32 Black African Nations Boycott Montreal Olympics in protest to continued sporting links between New Zealand and South Africa
- In Guatemala and Honduras an earthquake kills more than 22,000.
- Nadia Comaneci wins 3 gold medals at the Montreal Olympics with seven perfect scores
- First Legionnaires Disease affects 4,000 delegates in Pennsylvania on 23rd July from a chapter of the American Legion
- Soweto riots in South Africa mark the beginning of the end of apartheid
- The world’s first recorded Ebola virus epidemic begins in Sudan
- Palestinian extremists hijack an Air France plane in Greece with 246 passengers and 12 crew. They take it to Entebbe, Uganda, where Israeli commandos storm the plane freeing the hostages
- A Hijacked Sabena Boeing is stormed by Israeli soldiers releasing 100 hostages
- United States Bicentennial
- Cod Wars between Iceland and United Kingdom
- Mao Tse-tung Dies the founder of the Chinese Communist Party
- Argentina Peso, British Pound and Italian Lira all lose value against the US Dollar
- In New York City, the "Son of Sam" pulls a gun on July 29th and begins a series of attacks that terrorized the city for the next year.
- The United States celebrates 200th birthday of independence from British Rule
- Three Gunmen abduct a school bus with 26 children and the driver near Chowchilla, Calif ( all children and driver are saved after they dig a tunnel out of the quarry they were buried in. )
- Rioting breaks out at the Notting Hill Carnival, London, England
- The $2.00 bill Issued
- Two passenger jets collide over Zagreb, Yugoslavia due to air traffic controller errors
- The end of the world's longest pier ( Southen Pier in Britain ) is destroyed by fire
- The CN tower in Toronto, Canada is completed and is the the tallest free standing structure in the world.
- Seychelles Gains Independence From Great Britain
- Princess Margaret Announces Separation
- Eccentric American billionaire Howard Hughes who had been a recluse for 20 years dies at the age of 70
- The Winter Olympic Games are held in Innsbruck, Austria
- Fidel Castro becomes The President of Cuba
Technology
- Concorde operated by Britain and France enters service cuts transatlantic flying time to 3 1/2 hours
- Apple Computer Company is formed by Steve Jobs and Steve Wozniak
- First laser printer introduced by IBM - the IBM 3800
- NASA Unviels first space shuttle, the Enterprise
- An American Panel warns that CFC's Chloro-fluorocarbons used in Aerosol Cans damage the Ozone layer
- The Olympics, broadcast from Montreal, Canada, draw an estimated one billion viewers worldwide.
- Matsushita introduces the VHS home video cassette recorder to compete with Sony's Beta max system.
- Landing Vehicles from the US Spacecraft Viking I and Viking II set down safely on Mars
Inventions Invented by Inventors and Country ( or attributed to First Use )
Ink Jet Printer USA
Popular Culture 1976
- The Damned release New Rose - the first ever single released / marketed as "punk rock".
Popular Films
- One Flew Over the Cuckoo's Nest
- All the President's Men
- The Omen
- Taxi Driver
- The Outlaw Josey Wales
- Rocky
Popular Musicians and songs
- Bay City Rollers
- Barry Manilow
- Diana Ross
- Paul Simon
- The Four Seasons
- Paul McCartney and Wings
- Elton John
- Rod Stewart
- Queen
- ABBA
Check out our Television Programmes From The 70s whenever possible we have included a trailer to jog your memory. Series trailers and more information are found on the decade they started.
Born This Year 1976
Colin Farrell This Day In History May 31stReese Witherspoon News And Events From March 22nd
Jennifer Capriati This Day In History March 29th
Melissa Joan Hart News And Events From April 18th
Major World Political Leaders 1976
Australia Prime Minister Malcolm FraserBrazil President Ernesto Geisel
Canada Prime Minister Pierre Trudeau
China Chairman of the People's Republic of China Post Abolished
France President Valéry Giscard d'Estaing
Germany Chancellor Helmut Schmidt
India Prime Minister Indira Gandhi
Italy Prime Minister Aldo Moro Till 29 July
Italy Prime Minister Giulio Andreotti From 29 July
Japan Prime Minister Takeo Miki Till 24 December
Japan Prime Minister Takeo Fukuda From 24 December
Mexico President Luis Echeverría Till 30 November
Mexico President José López Portillo From 30 November
Russia / Soviet Union
First Secretary of the CPSU Leonid Brezhnev
South Africa Prime Minister Balthazar Johannes Vorster
United States President Gerald Ford
United Kingdom Prime Minister Harold Wilson Till 5 April
United Kingdom Prime Minister James Callaghan From 5 April
Political Elections This Year
United States Presidential Election 1976 Jimmy Carter (Democratic) Defeats Gerald Ford (Republican)
The Information above is taken from our new page that gives world leaders from 1920 to current.
WorldLeaders


