Society, Economy and Daily Life

Economy, Business and Work

Money, prices, cars and consumer goods in 1967.

The 1967 Economy: A Year of Growth

Growth in 1967 was uneven: a mild US slowdown, West Germany's recession, a struggling Britain and a booming Japan. A country-by-country look at the year.

4 min read

The Big Mac Arrives

How a Pennsylvania McDonald's franchisee created the Big Mac in 1967, why headquarters was cautious, and how it became a national menu item in 1968.

4 min read

The London Gold Pool Under Strain

How the London Gold Pool tried to hold gold at $35 an ounce, why 1967 brought heavy pressure, and how the scheme collapsed in March 1968.

5 min read

The Minimum Wage Rise of February 1967

How the 1966 Fair Labor Standards amendments raised the US federal minimum wage to $1.40 in February 1967 and extended coverage to millions of new workers.

4 min read

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