Economy rises

Pontiac Astre Wagon - 1975

The   Pontiac   Astre   is   a   subcompact   automobile that   was   marketed   by   the   Pontiac   division   of General   Motors   as   a   rebadged   variant   of   the Chevrolet   Vega.   Initially   marketed   in   Canada for   model   years   1973-1974,   the   Astre   debuted in   the   U.S.   for   the   1975   model   year,   competing with   other   domestic   and   foreign   subcompacts that   included   the   Mercury   Bobcat   and   Toyota Corolla.

AMC Pacer Wagon - 1976

The AMC Pacer is a two-door compact automobile that was produced in the United States by the American Motors Corporation between 1975 and 1980.

Cadillac Allante - 1991

The   Allanté   is   a   two-door,   two-seater   roadster manufactured   and   marketed   by   Cadillac   from 1986    until    1993,    with    roughly    21,000    units built over a seven-year production run. The   collections   Allante   is   driven   only   34   000 km´s and is for sale from the first owner.

Smart Crossblade - 2002

Crossblade:   a   2002   limited-edition   variant   of the     city     cabrio,     a     roadster     without     a windshield,    roof    or    conventional    doors.    Its weight   was   still   740   kilograms   (1,630   lb).   The Brabus-tuned   engine   developed   52   kW   (71   PS) from   its   599   cc   engine.   After   Robbie   Williams purchased     Crossblade     number     008,     Smart began   a   marketing   association   with   him,   using him    to    promote    the    brand    and    the    new Forfour.


In   the   21st   century   historians   have   increasingly   portrayed   the   decade   as   a   "pivot   of   change"   in   world   history   focusing   especially   on   the   economic   upheavals.   In the   Western   world,   social   progressive   values   that   began   in   the   1960s,   such   as   increasing   political   awareness   and   political   and   economic   liberty   of   women, continued   to   grow.   In   the   United   Kingdom   the   1979   elections   resulted   in   the   victory   of   its   Conservative   Party   under   Margaret   Thatcher,   the   first   and   to   date only   female   British   Prime   Minister.   Industrialized   countries,   except   Japan,   experienced   an   economic   recession   due   to   an   oil   crisis   caused   by   oil   embargoes   by the   Organization   of   Arab   Petroleum   Exporting   Countries.   The   crisis   saw   the   first   instance   of   stagflation   which   began   a   political   and   economic   trend   of   the replacement   of   Keynesian   economic   theory   with   neoliberal   economic   theory,   with   the   first   neoliberal   governments   being   created   in   Chile,   where   a   military coup led by Augusto Pinochet took place in 1973. Novelist   Tom   Wolfe   coined   the   term   "'Me'   decade"   in   his   essay   "The   'Me'   Decade   and   the   Third   Great   Awakening",   published   by   New   York   magazine   in   August 1976   referring   to   the   1970s.   The   term   describes   a   general   new   attitude   of   Americans   towards   atomized   individualism   and   away   from   communitarianism   in clear contrast with the 1960s. In   Asia,   affairs   regarding   the   People's   Republic   of   China   changed   significantly   following   the   recognition   of   the   PRC   by   the   United   Nations,   the   death   of   Mao Zedong   and   the   beginning   of   market   liberalization   by   Mao's   successors.   Despite   facing   an   oil   crisis   due   to   the   OPEC   embargo,   the   economy   of   Japan   witnessed a   large   boom   in   this   period,   overtaking   the   economy   of   West   Germany   to   become   the   second-largest   in   the   world.   The   United   States   withdrew   its   military forces   from   their   previous   involvement   in   the   Vietnam   War   which   had   grown   enormously   unpopular.   In   1979,   the   Soviet   Union   invaded Afghanistan   which   led to an ongoing war for ten years. The   1970s   saw   an   initial   increase   in   violence   in   the   Middle   East   as   Egypt   and   Syria   declared   war   on   Israel,   but   in   the   late   1970s,   the   situation   in   the   Middle East   was   fundamentally   altered   when   Egypt   signed   the   Egyptian–Israeli   Peace   Treaty.   Anwar   El   Sadat,   President   of   Egypt,   was   instrumental   in   the   event   and consequently   became   extremely   unpopular   in   the   Arab   World   and   the   wider   Muslim   world.   He   was   assassinated   in   1981.   Political   tensions   in   Iran   exploded with   the   Iranian   Revolution   in   1979   which   overthrew   the   Pahlavi   dynasty   and   established   an   Islamic   republic   of   Iran   under   the   leadership   of   the   Ayatollah Khomeini. The   economies   of   much   of   the   developing   world   continued   to   make   steady   progress   in   the   early   1970s,   because   of   the   Green   Revolution.   They   might   have thrived   and   become   stable   in   the   way   that   Europe   recovered   after   World   War   II   through   the   Marshall   Plan;   however,   their   economic   growth   was   slowed   by   the oil crisis but boomed immediately after.


The   time   period   saw   great   social,   economic,   and   general   change   as   wealth   and   production   migrated   to   newly   industrializing   economies.   As   economic liberalization   increased   in   the   developed   world,   multiple   multinational   corporations   associated   with   the   manufacturing   industry   relocated   into   Thailand, Mexico,   South   Korea,   Taiwan,   and   China.   Japan   and   West   Germany   are   the   most   notable   developed   countries   that   continued   to   enjoy   rapid   economic   growth during the decade; Japan's would stall by the early 1990s. The   United   Kingdom   and   the   United   States   moved   closer   to   laissez-faire   economic   policies   beginning   a   trend   towards   neoliberalism   that   would   pick   up   more steam in the following decade as the fall of the USSR made right wing economic policy more popular. Developing   countries   across   the   world   faced   economic   and   social   difficulties   as   they   suffered   from   multiple   debt   crises   in   the   1980s,   requiring   many   of   these countries   to   apply   for   financial   assistance   from   the   International   Monetary   Fund   (IMF)   and   the   World   Bank.   Ethiopia   witnessed   widespread   famine   in   the   mid- 1980s   during   the   corrupt   rule   of   Mengistu   Haile   Mariam,   resulting   in   the   country   having   to   depend   on   foreign   aid   to   provide   food   to   its   population   and worldwide efforts to address and raise money to help Ethiopians, such as the famous Live Aid concert in 1985. Television   viewing   became   commonplace   in   the Third   World,   with   the   number   of TV   sets   in   China   and   India   increasing   15   and   10   fold   respectively. The   number of televisions in the world nearly doubled over the course of the decade from only 561 million in 1980 to 910 million in 1987 and around a billion by 1989. Major   civil   discontent   and   violence   occurred   in   the   Middle   East,   including   the   Iran-Iraq   War,   the   Soviet-Afghan   War,   the   1982   Lebanon   War,   the   Nagorno- Karabakh War, the Bombing of Libya in 1986, and the First Intifada in the Gaza Strip and the West Bank. Despite   a   peak   in   tensions   in   the   early   part   of   the   decade,   by   the   late   1980s   the   Cold   War   was   coming   to   an   end.   In   the   eastern   bloc   hostility   to authoritarianism   and   the   rise   of   nationalism   in   communist-led   socialist   states,   combined   with   economic   recession   resulted   in   a   wave   of   reformist   policies instigated   by   Mikhail   Gorbachev   in   the   USSR   -   such   as   perestroika   and   glasnost,   along   with   the   overthrow   and   attempted   overthrow   of   a   number   of   communist regimes,   such   as   in   Hungary,   the   Tiananmen   Square   protests   of   1989   in   China,   the   Czechoslovak   "Velvet   Revolution",   Poland   and   the   overthrow   of   the   Nicolae Ceauşescu   regime   in   Romania   and   other   communist   Warsaw   Pact   states   in   Central   and   Eastern   Europe   including   the   Fall   of   the   Berlin   Wall.   It   came   to   be called   the   late   1980s'   "purple   passage   of   the   autumn   of   nations".   By   1989   the   Soviet   Union   announced   the   abandonment   of   political   hostility   toward   the Western   world   and   the   Cold   War   ended   with   the   USSR's   demise   after   the   August   Coup   of   1991.   The   changes   of   the   revolutions   of   1989   continue   to   be   felt today. The   1980s   saw   the   development   of   the   modern   Internet,   starting   with   the   specification   of   File Transfer   Protocol   in   1980   and ARPANET's   move   to TCP/IP   around 1982-83.   Approximately   1.1   million   people   (86%   of   them   in   the   United   States)   were   using   the   Internet   at   the   end   of   the   1980s.   Tim   Berners   Lee   created   a hypertext   system   called   ENQUIRE   in   1980   and   began   his   work   on   the   World   Wide   Web   in   March   1989;   after   its   first   demonstration   at   the   end   of   1990   it   was released to the public in July 1991 and by approximately 1995 became widely known, beginning the ongoing worldwide boom of Internet use. People born in the 1980s are usually classified along with those born in the 1990s as part of the Millennial generation. The issue of global warming first came to the attention of the public in the late 1980s, largely due to the Yellowstone fires of 1988.


Culturally,   the   1990s   was   characterized   by   the   rise   of   multiculturalism   and   alternative   media,   which   continued   into   the   2000s.   Movements   such   as   grunge,   the rave scene and hip hop spread around the world to young people during the decade, aided by then-new technology such as cable television and the Internet. A   combination   of   factors,   including   the   continued   mass   mobilization   of   capital   markets   through   neoliberalism,   the   thawing   of   the   decades-long   Cold   War,   the beginning   of   the   widespread   proliferation   of   new   media   such   as   the   Internet   from   the   middle   of   the   decade   onwards,   increasing   skepticism   towards government,   and   the   dissolution   of   the   Soviet   Union   led   to   a   realignment   and   reconsolidation   of   economic   and   political   power   across   the   world   and   within countries.   Many   countries   such   as   Canada   and   Sweden   privatized   much   of   their   economy,   moving   power   away   from   governments,   and   more   towards   private corporations. The dot com bubble of 1997–2000 brought wealth to some entrepreneurs before its crash in 2000–2001. New   ethnic   conflicts   emerged   in   Africa,   the   Balkans   and   the   Caucasus,   the   former   two   which   led   to   the   Rwandan   genocide   and   Bosnian   genocide, respectively.   Signs   of   any   resolution   of   tensions   between   Israel   and   the Arab   world   remained   elusive   despite   the   progress   of   the   Oslo Accords,   though   the   Irish Troubles came to a standstill in 1998 with the Good Friday Agreement after 30 years of violence.
Photos mainly by Matti Kreivilä. Historical facts and technical details of the vehicles provided by Wikipedia. Movies YouTube.