The goal of the Montgomery bus boycott was to protest racial segregation on public transport. In December 1955 an African American woman Rosa Parks was arrested for refusing to give up her seat to a white person. Shortly after this incident, the protest began as a civil rights movement and it lasted for a year until December 1956, when the United States supreme court ruled it was unconstitutional to have racially segregated buses.
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it provided a labor force for future oil and natural gas industries
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The 1970s saw some of the highest rates of inflation in the United States in recent history, with interest rates rising in turn to nearly 20%. Central bank policy, the abandonment of the gold window, Keynesian economic policy, and market psychology all contributed to this decade of high inflation.