The 1980’s – Hard Times With a Golden Lining

- Organization:
- Society for Mining, Metallurgy & Exploration
- Pages:
- 5
- File Size:
- 389 KB
- Publication Date:
- Jan 1, 2007
Abstract
The early part of the decade was marked by world-wide problems and economic difficulties. In 1980, President Jimmy Carter ordered the failed military mission to rescue hostages in the U.S. Embassy in Iran, Mt. Saint Helens, WA erupted killing 60 people and the Soviets and Mujaheddin guerrillas clashed in Afghanistan after the Soviet invasion. Later in the year, Ronald Reagan was elected president, defeating Carter. The first launch of a space shuttle (Columbia) occurred in 1981. Also in 1981, the first IBM-PC’s begin to roll off the lines. In 1982, Argentina invaded the Falkland Islands and Mexico’s economy was in collapse. In 1980, the U.S. unemployment rate stood at 7.1 percent, and by 1982 the rate increased to 9.7 percent. 1980 marked SME’s first full year in its new office building in Littleton, CO. The new facility was dedicated in November 1979. Claude L. Crowley was executive director of SME in 1980 and remained in that position throughout the decade. SME’s membership stood at about 26,000 throughout this period (1980-1982).
Citation
APA:
(2007) The 1980’s – Hard Times With a Golden LiningMLA: The 1980’s – Hard Times With a Golden Lining. Society for Mining, Metallurgy & Exploration, 2007.