By Sherri Gordon July 4, 2026 12:23 pm EST Getty Images/Getty Images We may receive a commission on purchases made from links. Known for bell bottoms, disco dancing, and a continued commitment to protect the environment, the 1970s were a time of fun, creativity, and individualism. It was also a time of rising inflation and political uncertainty, especially with the Vietnam War and Watergate scandal at the forefront of everyone's mind.