What happened November 1971 AD - Historydraft

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U.S.
Nov, 1971
1973 oil crisis
U.S. Phase II price controls begin
U.S.
Nov, 1971
U.S. Phase II price controls begin. The plan is to allow for gradual 2-3 percent annual price increases, however, domestic petroleum prices remain at Phase I levels.

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California, U.S.
Monday Nov 15, 1971
Microprocessor
The First Commercially Available Microprocessor
California, U.S.
Monday Nov 15, 1971
The Intel 4004 is generally regarded as the first commercially available microprocessor, and cost US$60 (equivalent to $371.19 in 2018). The first known advertisement for the 4004 is dated November 15, 1971 and appeared in Electronic News. The microprocessor was designed by a team consisting of Italian engineer Federico Faggin, American engineers Marcian Hoff and Stanley Mazor, and Japanese engineer Masatoshi Shima.

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