1973 oil crisis
U.S. Phase II price controls begin
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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- Microprocessor
The First Commercially Available Microprocessor
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.
- 1973 oil crisis
U.S. Phase II price controls begin
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.
- Microprocessor
The First Commercially Available Microprocessor
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.