Final answer:
The Navy Good Conduct Medal (NGCM) was established in 1942, a year also notable for the U.S. Navy victory at Midway and the affirmation against discriminatory conduct in employment through the institution of the Fair Employment Practices Committee.
Step-by-step explanation:
This was a significant period in American history as the United States Navy achieved a pivotal victory over Japan at the Battle of Midway. Additionally, in that same year, the Fair Employment Practices Committee was instituted, marking a step toward the eradication of discriminatory conduct in employment practices within the United States, which complements the value of good conduct recognized by the NGCM. However, this was also a time of contradiction and internment for Japanese Americans, showcasing the complexities of the era's social and military fabric.