Jacob E Axelson was 4 years old when The British passenger liner RMS Titanic sinks in the North Atlantic at 2:20 a.m., two hours and forty minutes after hitting an iceberg. Only 710 of 2,227 passengers and crew on board survive. RMS Titanic was a British passenger liner that sank in the North Atlantic Ocean in the early hours of 15 April 1912, after colliding with an iceberg during its maiden voyage from Southampton to New York City. There were an estimated 2,224 passengers and crew aboard, and more than 1,500 died, making it one of the deadliest commercial peacetime maritime disasters in modern history. RMS Titanic was the largest ship afloat at the time it entered service and was the second of three Olympic-class ocean liners operated by the White Star Line. It was built by the Harland and Wolff shipyard in Belfast. Thomas Andrews, her architect, died in the disaster.
Jacob E Axelson was 21 years old when The New York Stock Exchange crashes in what will be called the Crash of '29 or "Black Tuesday", ending the Great Bull Market of the 1920s and beginning the Great Depression. The New York Stock Exchange, is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$21.3 trillion as of June 2017. The average daily trading value was approximately US$169 billion in 2013. The NYSE trading floor is located at 11 Wall Street and is composed of 21 rooms used for the facilitation of trading. A fifth trading room, located at 30 Broad Street, was closed in February 2007. The main building and the 11 Wall Street building were designated National Historic Landmarks in 1978.
Jacob E Axelson was 22 years old when Great Depression: In a State of the Union message, U.S. President Herbert Hoover proposes a $150 million (equivalent to $2,197,000,000 in 2017) public works program to help generate jobs and stimulate the economy. The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. The timing of the Great Depression varied across nations; in most countries it started in 1929 and lasted until the late-1930s. It was the longest, deepest, and most widespread depression of the 20th century. In the 21st century, the Great Depression is commonly used as an example of how far the world's economy can decline.
Jacob E Axelson was 36 years old when World War II: The Allied invasion of Normandy—codenamed Operation Overlord—begins with the execution of Operation Neptune (commonly referred to as D-Day), the landing of 155,000 Allied troops on the beaches of Normandy in France. The Allied soldiers quickly break through the Atlantic Wall and push inland in the largest amphibious military operation in history. The Allies of World War II, called the United Nations from the 1 January 1942 declaration, were the countries that together opposed the Axis powers during the Second World War (1939–1945). The Allies promoted the alliance as a means to control German, Japanese and Italian aggression.
Jacob E Axelson was 49 years old when Space Race: Launch of Sputnik 1, the first artificial satellite to orbit the Earth. The Space Race refers to the 20th-century competition between two Cold War rivals, the Soviet Union (USSR) and the United States (US), for dominance in spaceflight capability. It had its origins in the missile-based nuclear arms race between the two nations that occurred following World War II, aided by captured German missile technology and personnel from the Aggregat program. The technological superiority required for such dominance was seen as necessary for national security, and symbolic of ideological superiority. The Space Race spawned pioneering efforts to launch artificial satellites, uncrewed space probes of the Moon, Venus, and Mars, and human spaceflight in low Earth orbit and to the Moon.
Jacob E Axelson was 57 years old when Thirty-five hundred United States Marines are the first American land combat forces committed during the Vietnam War. The United States Marine Corps (USMC), also referred to as the United States Marines, is a branch of the United States Armed Forces responsible for conducting amphibious operations with the United States Navy. The U.S. Marine Corps is one of the four armed service branches in the U.S. Department of Defense (DoD) and one of the seven uniformed services of the United States.
Jacob E Axelson was 64 years old when Munich massacre: Nine Israeli athletes die (along with a German policeman) at the hands of the Palestinian "Black September" terrorist group after being taken hostage at the Munich Olympic Games. Two other Israeli athletes were slain in the initial attack the previous day. The Munich massacre was an attack during the 1972 Summer Olympics in Munich, West Germany, in which the Palestinian terrorist group Black September took eleven Israeli Olympic team members hostage and killed them along with a West German police officer.
Jacob E Axelson was 73 years old when The first launch of a Space Shuttle (Columbia) takes place: The STS-1 mission. The Space Shuttle was a partially reusable low Earth orbital spacecraft system operated by the U.S. National Aeronautics and Space Administration (NASA), as part of the Space Shuttle program. Its official program name was Space Transportation System (STS), taken from a 1969 plan for a system of reusable spacecraft of which it was the only item funded for development. The first of four orbital test flights occurred in 1981, leading to operational flights beginning in 1982. In addition to the prototype whose completion was cancelled, five complete Shuttle systems were built and used on a total of 135 missions from 1981 to 2011, launched from the Kennedy Space Center (KSC) in Florida. Operational missions launched numerous satellites, interplanetary probes, and the Hubble Space Telescope (HST); conducted science experiments in orbit; and participated in construction and servicing of the International Space Station. The Shuttle fleet's total mission time was 1322 days, 19 hours, 21 minutes and 23 seconds.
Jacob E Axelson died on 25 Jan 1992 at the age of 83