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GLASNOST
Soviet policy of political openness and free speech.
PERESTROIKA
Soviet policy of economic restructuring (adding minor free markets).
REALPOLITIK
Foreign policy based on practical reality instead of moral ideals.
SALT
Cold War treaties that froze nuclear missile numbers.
MUTUALLY ASSURED DESTRUCTION (M.A.D.)
The idea that a nuclear war would destroy both sides completely.
FALL OF THE BERLIN WALL
1989 event symbolizing the collapse of Communism in Europe.
DÉTENTE AND THE COLD WAR
A period of relaxed tensions between the U.S. and the USSR in the 1970s.
STAGFLATION
High inflation (rising prices) + stagnant economy (job loss).
STAGNATION
A period of slow or zero economic growth
INFLATION
A general increase in prices over time.
SUPPLY SHOCK
A sudden, unexpected drop in the supply of a product.
AGGREGATE SUPPLY
The total amount of goods produced in an economy.
OPEC
A group of oil nations that controls oil supply and prices.
SUPPLY AND DEMAND
The balance between how much is made vs. how much people want.
SUPPLY-SIDE ECONOMICS
Tax cuts and deregulation to boost business production (Reagonomics).
KEYNESIAN ECONOMICS
The idea that government spending can fix a bad economy.
ENTITLEMENT PROGRAMS
Government aid guaranteed to anyone who qualifies (like Social Security).
DEREGULATION
Cutting government rules on businesses to help them compete.
ENVIRONMENTAL PROTECTION AGENCY (EPA)
Federal agency created to fight pollution and protect nature.
ROE V. WADE
Roe made abortion legal nationwide
DOBBS VS. JACKSON
Dobbs overturned roe v wade
TITLE IX
Law banning sex discrimination to give girls equal opportunities in sports/school.
NEW RIGHT
1980s movement focusing on conservative social and economic goals.
AFFIRMATIVE ACTION
Policies aimed at increasing opportunities for minorities and women.
REVERSE DISCRIMINATION
The claim that affirmative action causes unfair treatment of the majority
CONSERVATIVE COALITION
An alliance of conservative groups that gained power in the 1980s.
MORAL MAJORITY
Evangelical Christian political group that fought for traditional religious values
RONALD REAGAN
40th President; led the 1980s conservative shift via tax cuts and strong anti-communism.
GEORGE H.W. BUSH
41st President; led the U.S. through the end of the Cold War