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Reaganomics
A term used to describe the economic policies of President Ronald Reagan during the 1980s, which focused on tax cuts, deregulation, and the reduction of government spending in an effort to stimulate economic growth.
Trickle-down economics
theory suggesting that benefits provided to the wealthy will eventually trickle down to the rest of the population.
Economic Recovery Act
Legislation aimed at stimulating the economy through tax cuts for individuals and businesses, signed by President Reagan in 1981.
deregulation
the reduction or elimination of government rules controlling how industries operate.
Roe v. Wade
a landmark Supreme Court case decided in 1973 that established a woman's legal right to have an abortion under the right to privacy.
detente
the easing of strained relations, especially between countries, particularly during the Cold War.
INF Agreement
a treaty aimed at reducing nuclear weapons stockpiles between the United States and the Soviet Union.
Reagan Doctrine
a foreign policy strategy that aimed to oppose the spread of communism by supporting anti-communist insurgents and movements.
Start I & II Treaty
arms control agreements between the US and Russia that aimed at reducing the number of strategic ballistic missiles.
Digital Revolution
a period marked by the rapid advancement of digital technology and the significant shift from analog to digital processes in various fields.
General Agreement of Trade and Tariffs
an international treaty aimed at promoting international trade by reducing trade barriers and tariffs among member countries.
service sector
the segment of the economy that provides services instead of goods, including industries such as healthcare, finance, and education.
Immigration Reform and Control Act
a United States federal law enacted in 1986 aimed at regulating immigration by granting amnesty to certain illegal immigrants and strengthening enforcement against illegal immigration.
War on Terror
a global military campaign initiated by the United States after the September 11 attacks aimed at combating terrorism and its organizations.
Patriot Acts
laws passed to strengthen domestic security and broaden surveillance capabilities in response to the September 11 attacks.