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  2. May 1, 2024 · A year later in 1971, the activist landscape was fractured, but May 1 still saw the largest act of civil disobedience in US history—as well as the largest mass arrest. Known as the Mayday Protest, the plan was, simply, to shut down the federal government.

  3. 3 days ago · The Strange Ups and Downs of the U.S. Economy Since 1929. The GDP growth rate shows whether the country’s economy is flourishing or floundering. A negative growth rate indicates contraction. Real GDP takes into account inflation, so you can compare the GDP of different years. Nominal GDP reflects the prices for the year in which the goods ...

    • Kimberly Amadeo
  4. May 16, 2024 · 1947-1991: Containing Communism. 1970-1979: The Great Inflation and Abandoning the Gold Standard. 1980-2000: Reaganomics. 2000-2002: The Dot-com Bubble. 2001-2014: 9/11 and the War on Terror. 2007-2009: The Great Recession. 2017–2019: The Trade Wars. 2019-2020: COVID-19 Pandemic Hits. 2021-2023: COVID Aftermath.

  5. 4 days ago · The Great Depression, which began in the United States in 1929 and spread worldwide, was the longest and most severe economic downturn in modern history. It was marked by steep declines in industrial production and in prices (deflation), mass unemployment , banking panics, and sharp increases in rates of poverty and homelessness.

  6. May 21, 2024 · Against the backdrop of the Vietnam War, civil rights struggles, and a shifting cultural landscape, the nation experienced pivotal moments that would leave a lasting impact on its history. From political developments to social movements, 1971 was a year of both challenge and transformation.

  7. May 17, 2024 · Pearl Harbor attack, (December 7, 1941), surprise aerial attack on the U.S. naval base at Pearl Harbor on Oahu Island, Hawaii, by the Japanese that precipitated the entry of the United States into World War II. The strike climaxed a decade of worsening relations between the United States and Japan.

  8. 4 days ago · 1860: Walt Whitman, considered by many academics to be either gay or bisexual, publishes a cluster of homoerotic poems under the title Calamus. [4] 1869: First cross-dressing ball is held at the Hamilton Lodge in Harlem. [5] [6] 1870: Bayard Taylor publishes the novel Joseph and His Friend: A Story of Pennsylvania, considered by some academics ...