ECONOMIC: 1981- Economic Recovery Tax Act- This was a act that Ronald Regan signed in order to lower income taxes. This act was suppose to help support economic growth.
POLITICAL: 1981- Ronald Reagan became president. He was president from 1981-1989. He was our 40th president of the United States.
SOCIAL: 1981- MTV- This was the beginning of a huge change in culture, music and television. Throughout the years MTV has changed from launching the careers of many musicians and reality TV stars.