International Olympic Committee
The IOC organises the modern Olympic Games and Youth Olympic Games, held in summer and winter, every four years. The first Summer Olympics organised by the IOC was held in Athens, Greece, in 1896; the first Winter Olympics was in Chamonix, France, in 1924. Until 1992, both Summer and Winter Olympics were held in the same year. After that year, however, the IOC shifted the Winter Olympics to the even years between Summer Games, to help space the planning of the two events from one another, and improve the financial balance of the IOC, which receives greater income on Olympic years. The first Summer Youth Olympics were in Singapore in 2010 and the first Winter Youth Olympics were held in Innsbruck in 2012.
Winter Olympic Games
In 1980 the Winter Olympics returned to Lake Placid, which had hosted the 1932 Games. The first boycott of a Winter Olympics took place at these Games, when Taiwan refused to participate after an edict by the IOC mandated that they change their name and national anthem. This was an attempt by the IOC to accommodate China, who wished to compete using the same name and anthem as those used by Taiwan. As a result, China participated for the first time since 1952. American speed-skater Eric Heiden set either an Olympic or World record in every one of the five events in which he competed, winning a total of five individual gold medals and breaking the record for most individual golds in a single Olympics (both Summer and Winter). Hanni Wenzel won both the slalom and giant slalom and her country, Liechtenstein, became the smallest nation to produce an Olympic gold medallist. In the "Miracle on Ice", the American hockey team composed of college players beat the favoured seasoned professionals from the Soviet Union, and progressed to eventually win the gold medal.