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Society & Economics — 1987

Social movements, markets, sport, and everyday life in 1987.

FileDateSummary
ACT UP Founding (March 12, 1987)1987-03-12The AIDS Coalition to Unleash Power is established in New York City, launching a direct-action movement that transforms U.S. AIDS policy and FDA drug-approval processes.
Fox Broadcasting Company Primetime Launch (April 5, 1987)1987-04-05Rupert Murdoch's Fox debuts *Married...with Children* and *The Tracey Ullman Show*, establishing the first successful fourth U.S. broadcast network since 1956 and targeting younger viewers the Big Three had underserved.
1987 World Series1987-10-17The Minnesota Twins defeat the St. Louis Cardinals 4–3 in the first World Series played entirely indoors, with the home team winning all seven games.
Black Monday (October 19, 1987)1987-10-19Stock markets crash worldwide; the Dow Jones Industrial Average falls 22.6% in a single day, the largest one-day percentage drop in its history.
FDA Approves Prozac (Fluoxetine)1987-12-29The FDA approves fluoxetine (Prozac), the first SSRI antidepressant, launching a new era in psychiatric treatment worldwide.

Back to 1987 · Timeline of 1987