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Stagflation
An economic term that describes the unusual combination of high unemployment and inflation during the 1970s
Reaganomics
President Reagan's supply-side economic policies that attempted to promote growth and investment
Included deregulating business, reducing corporate tax rates, and lowering federal tax rates for upper and middle income Americans
Sunbelt
US states in the Southwest and South that experienced rapid growth in population and political power since the 1980s
Multiculturalism
The promotion of diversity in gender, race, ethnicity, religion, and sexual preference
Political and social policy that has been influential and controversial from 1980s to present