Portal:1980s

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1980s

The 1980s (pronounced "nineteen-eighties", commonly shortened as the "'80s", pronounced "eighties") was a decade of the Gregorian calendar that began on January 1, 1980, and ended on December 31, 1989.

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 to Thailand, Malaysia, Mexico, South Korea, Taiwan, and the People's Republic of China. Developed countries such as the United States, Japan, the United Kingdom, and West Germany continued to enjoy rapid economic growth during the decade. Glasnost and Perestroika in the Soviet Union, and the fall of the Berlin Wall, paved the way for its dissolution in the early 1990s, and transition from the bipolar world of the Cold War.

The 80s also represented a significant technological and cultural transition, as computing expanded from a primarily business and academic phenomenon into the home with the advent of the personal computer, accompanied by the growth of the software industry, ultimately paving the way for the World Wide Web on the Internet.

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An Atari 2600 four-switch "wood veneer" version, dating from 1980-1982.
The video game crash of 1983, known as Atari shock in Japan, was a massive recession of the video game industry that occurred from 1983 to 1985. Revenues had peaked at around $3.2 billion in 1983, then fell to around $100 million by 1985 (a drop of almost 97 percent). The crash was a serious event that brought an abrupt end to what is considered the second generation of console video gaming in North America.

The crash almost destroyed the then-booming industry and led to the bankruptcy of several companies producing home computers and video game consoles in the region, including the fastest-growing U.S. company in history at that point, Atari. It lasted about two years, and many business analysts of the time expressed doubts about the long-term viability of video game consoles, the North American video game console industry recovered a few years later, mostly due to the widespread success of the Nintendo Entertainment System (NES), which was soft launched in New York City in late 1985 and had become extremely popular in North America by 1987.

There were several reasons for the crash, but the main cause was saturation of the market, the full effects of the industry crash would not be felt until 1985.

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Ali Khamenei leader of Iran
Sayyed Ali Hosseini Khamenei born 17 July 1939) is the second and current Supreme Leader of Iran and a Muslim cleric. Ali Khamenei succeeded Ruhollah Khomeini, the leader of the Iranian Revolution, after Khomeini's death, being elected as the new Supreme Leader by the Assembly of Experts on 4 June 1989, at age 49. He had also served as the President of Iran from 1981 to 1989; in 2012, 2013, and 2014 Forbes selected him 21st, 23rd, and 19th, respectively, in the list of The World's Most Powerful People.

Khamenei is a head of state, and is considered the most powerful political authority in Iran. Ganji, Akbar, "The Latter-Day Sultan: Power and Politics in Iran", Foreign Affairs, November December 2008</ref> Khamenei was the victim of an attempted assassination in June 1981 that paralysed his right arm. According to his official website, Khamenei was arrested six times before being sent into exile for three years during Mohammad Reza Pahlavi's reign. Six months after the 2003 invasion of Iraq to disarm Iraq of weapons of mass destruction, Ali Khamenei issued a fatwa, that can be changed as and when deemed necessary, saying that the production, stockpiling, and use of weapons of mass destruction are forbidden.


Did you know...

...that in 1982, Canada gained official independence from the United Kingdom?
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