APUSH U9

Watergate scandal

included Nixon bugging political opponents' offices, unauthorized investigations, and the misuse of government agencies for political purposes

Oil crisis/stagflation

• long period of economic decline

• collapse of international monetary system as exchange of US currency and gold stopped

• value of gold fell as inflation rose

• unemployment rose

UN resolution 181

partitioned Palestine into Arab and Jewish states which caused a series of arab-israeli wars

Organization of Petroleum exporting countries (OPEC)

they put a embargo on the price of crude oil for every country that supported Israel

Whip Inflation Now

Ford urged Americans to shop wisely and reduce expenditures which led to the fall in inflation but unemployment continued to rise

Carter’s presidency

• increase government efficiency

• protect environment

• raising moral tone of politics

• promoting human rights

• most diverse workplace

Camp David Accords

brought an end to war between Egypt and israel

SALT ll

a new bilateral strategic arms treaty with Brezhnev

• removed after USSR invaded Afgani and placed embargo on shipments

Iranian hostage crisis

iranian students stormed US embassy in Tehran, taking diplomatic staff hostage

Moral Majority

an American political organization and movement associated with the Christian right and the Republican Party in the United States

rise of conservatism

Reagon’s campaign brought together conservatism

Reaganomics

proposed a 30% tax cut with it concentrated on upper income levels to enable the rich to spend and invest more to stimulate economy and create new jobs

• supply-side / trickle-down economics

what were the negative effects of reaganomics?

they slashed government programs such as the great society programs to pay for tax cuts

• anti poverty programs, food stamps, school lunches, low-income housing

End of the cold war

• russian politician Gorbachev started the process of economic restructuring and political openness

• Reagan left office with the US and USSR having a good relationship \

• Berlin wall is teared down

Gulf war

The US went as a multinational force to liberate Kuwait from Iraq’s invasion

North American Free Trade Agreement

ended economic barriers with Canada and Mexico and promised even more prosperity

communications revolution

millions of people began using the internet as companies used online commerce and emails/satellite dishes rose in amount

multipolarity

a distribution of power in which more than two states have similar amounts of power

US towards multipolarity

believed the US would stay the most powerful nation but its military and economic dominance would decline