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1982 History

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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 $82,200.00
Average Income per year $21,050.00
Average Monthly Rent $320.00
Cost of a gallon of Gas 91 cents
New Car Average price $7,983.00
US Postage Stamp 20 cents
Vic 20 $299.95
Satellite Receiver $245.95


What Events Happened in 1982

  • Wave of Terrorist attacks in France by Carlos the Jackal
  • All time record lows in dozens of cities throughout the Midwestern United States.
  • Argentina invades the Falkland Islands / Maldives, and the UK sends the Royal Navy, RAF and the Army and retakes possession of the Falkland Islands during the conflict the Nuclear submarine HMS Conqueror sinks the Argentine cruiser General Belgrano.
  • HMS Conqueror sinks the Argentine cruiser General Belgrano.
  • Argentine Exocet missile sinks HMS Sheffield
  • Israeli forces invade Lebanon
  • Israeli returns Sinai to Egypt
  • The largest cash robbery in History occurs in New York when $9,800,000 is stolen from an armored car
  • The First Issue of USA Today is published
  • Disney Futuristic Park EPCOT (Experimental Community Of Tomorrow) is opened
  • The Provisional IRA continues it's bombing campaign in London and Mainland Britain
  • Around 700,000 demonstrators gathered in New York City's Central Park protesting the proliferation of nuclear weapons.
  • Michael Fagan Brakes Into The Queens Bedroom in Buckingham Palace
  • The International Whaling Commission decides to end commercial whaling
  • Tylenol capsules laced with potassium cyanide kill 7 in Chicago
  • The Mary Rose, flagship of Henry VIII of England is raised in the Solent and taken to Portsmouth Dockyard where it is preserved and on show to the public
  • Yassar Arafat elected the President of the Palestinian National Council
  • Doctors performed the first implant of a permanent artificial heart designed by Robert Jarvik
  • Severe recession begins in the United States.
  • The world's largest oil rig (The Ocean Ranger) sinks in the north Atlantic
  • Italy Wins 1982 World Cup in Spain
  • Work begins on the Vietnam Veterans Memorial in Washington DC
  • Earthquake and a volcanic eruption at El Chichon in southern Mexico kills thousands

Popular Culture 1982

  • Smileys 1982 was the year a computer scientist (Scott Fahlman) from Carnegie Mellon University first suggested the use of Smiley or emoticon as a way of expressing emotion in an email :-
  • Freeware first used by Andrew Flueleman and Jim Knopf to distribute their application which allowed programs to be copied, in 1984 the distribution of this type of software changed from freeware to Shareware ( name thought up by Bob Wallace
  • Michael Jackson releases his second adult solo album, Thriller.
  • Graceland the home of Elvis Presley opens to the public

Popular Films

  • E.T. the Extraterrestrial
  • Rocky III,
  • On Golden Pond
  • Porky's
  • An Officer and a Gentleman
  • The Best Little Whorehouse in Texas
  • Star Trek II: The Wrath of Khan
  • Poltergeist
  • Annie
  • Chariots of Fire
  • Gandhi

Popular Musicians

  • Human League with "Don't You Want Me"
  • Bucks Fizz
  • The Jam
  • Paul McCartney and Stevie Wonder with "Ebony and Ivory"
  • Olivia Newton-John
  • Vangelis
  • Steve Miller band With " Abracadabra "
  • Survivor with " Eye of The Tiger "
  • Chicago with " Hard to Say I'm Sorry "
  • Lionel Richie

Popular TV Programs

  • Magnum, P.I.
  • Dynasty
  • Falcon Crest
  • Hill Street Blues
  • Knight Rider

Technology 1982

  • First CD player sold in Japan
  • The Weather Channel airs on cable television for the first time.
  • The Soviet Spaceship Vanera 13 lands on Venus and sends back color Photographs
  • 20 million Elm Trees die in the UK through Dutch Elm Disease
  • The First Commercial use of Genetic Engineering is Launched when human insulin produced by bacteria is marketed
  • Times man of The Year is THE COMPUTER




Research for this year is provided by The People History.
See History By Year and Decade for more prices and information.
Find out more about the 80s at ThePeopleHistory.com.