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32 Cards in this Set

  • Front
  • Back
Name Reagans 4 Conservative Goals And Name What Each One Means.
Lower Taxes - The Taxes Lowered 25%

Deregulation - Eased Restrictions on Many Industries

Fewer Government Programs - Weakend Government Programs

A Conservative Supereme Court - To Get Three Conservative Judges To The Supreme Court
What is "supply-side economics?"
this theory held that if taxes were lower, people would save more money.
What is "Reagan-omics?"
Reagan lowered taxes. Increases government spending to build up military and compete in an Arms Race. This led to deficit spending
What did America to wrong during the Iran-Contra Affair?
The government sold weapons to iran, and all sales/profits went to the contra rebels, violating a law.
Identify both sides of the Iran-Contra Affair.
1. Nicaragua (communists)
2. Contras (rebels)
Name 2 domestic issues reagan faces at home.
1. Immigration
2. Deregulating
Name 2 foreign issues reagan faces abroad.
1. Arms Race
2. Contra Affair
What is a "service economy?"
When most jobs provide services, instead of producing goods.
What is an "Informational Revolution?"
Technology had radically changed the way information was delivered, and gave people access to far more information than ever before.
Define "Downsizing."
Reducing the number of workers to increase company profits.
What was the "Technology Boom?"
An increase in the amount of technology, new jobs were formed.
How did technology effect the "economic boom?"
The technology boom led to an economic boom. by the late 2000's many "dot-com" companies went out of business leading technology stocks to crash, and the U.S. fell into a wild recession.
Define Outsourcing.
Sending enployment needs outside of the county.
What are disadvantages of outscourcing in the U.S.?
The U.S. people got less jobs.
What did the "Immigration Act of 1986" do?
Strengthen immigration laws, and enforcement measures. They cracked down on illegal Immigration.
What was George H. W. Bush's famous line?
"READ MY LIPS-No New Taxes!"
What 2 issues did George H. W. Bush face at home?
1. Clean Air Act
2. Alaskan Oil Spill
3. Perceived as "wimp."
What 2 issues did George H. W. Bush face abroad?
1. Persian Gulf War
2. Met with Gorbachev
3. Panama
What did the American people think of George H. W. Bush?
Perceived as "wimp."
Why did the soviet union fall apart?
Soviet Union Disbanned.
What was the cause of the Persian Gulf War?
Bush sent bombing raids. Iraq invaded kuwait.
What was the outcome of the Persian Gulf War?
U.N. forced iraq out, and left Suddan alive.
What does N.A.F.T.A. stand for?
North
American
Free
Trade
Agreement
What was the goal of this NAFTA agreement?
To eliminate barriers of trade and investment between the U.S. , Canada, And Mexico.
How is NAFTA a benefit?
To increase trade among Canada, Mexico, And U.S.
What foreign issues did Bill Clinton face?
1. The Rwanda Genocide
2. N.A.F.T.A.
Who was Kenneth Starr?
Prosecuter that tried to prove Clinton guilty of Whitewater.
What was Kenneth Star trying to investigate?
The Whitewater Investigation
What did Kenneth Starr Finally Settle for?
Clinton Admitting To His Affair With Monica Lewinsky, A Whitehouse Intern
What agreement did Clinton agree to as he was leaving office?
He gave false testimonies about his affair with lewinsky, gave up his law license for 5 years and paid a $25,000 fine.
What is a "Global Economy?"
A financial outlook of the whole world.
How did the internet change our society?
Answer May Vary.