The Year 1982 From The People History

Fashion Clothing From 1982

1982 New technology continues to change our buying habits with smaller and cheaper electronic gadgets appearing including the first CD player and a new industry is just beginning with the use of Genetic Engineering human insulin produced by bacteria is sold for the first time. On the world stage Argentina invades the Falkland Islands and Argentina and the UK go to war over a small island thousands of miles away. After many reports of Whales becoming and endangered species the International Whaling Commission decides to end commercial whaling,

and a major recession hits the United States.

Cost of Living 1982

How Much things cost in 1982

Yearly Inflation Rate USA 6.16 %

Year End Close Dow Jones Industrial Average 1046

Interest Rates Year End Federal Reserve 11.50%

Average Cost of new house $82,200

Median Price Of and Existing Home $67,800

Average Income per year $21,050.00

Average Monthly Rent $320.00

Source: www.thepeoplehistory.com

Category: Computers

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