The 1980's

Going into the 1980's people were not very happy in America. The Vietnam war was lost, and America didn't have a strong president. Ronald Reagan became president in 1981, and people had faith in him. However, corporate raiding became popular, and large companies were often able to take over smaller companies by buying the majority of their stock options. The large cooperation would then sell off the assets of the company for a profit. This destroyed many smaller businesses throughout the country during the time period. Another major event of the 1980's was the AIDS epidemic. This disease initially was most common for gays, and doctors didn't even know what it was . It took a few years for doctors to be able to identify someone who had the disease, and it ended up killing roughly 100,000 people during the decade.