2000s Vocab

Financial Crisis of 2008

Banks loaned money to people who could not afford to pay it back

• The government took over the largest mortgage lenders

Al Gore, Jr

Lost to George W. Bush in the election of 2000

• Demanded a recount to correctly access the Florida vote

September 11, 2001 (911)

Islamic Fundamentalist terrorist hijacked commercial airliners and flew them into the World Trade Center and the Pentagon

• Led by Osama bin Laden and his organization al-Qaeda

Taliban

George W. Bush declared a global War on Terror especially this terrorist group

Department of Homeland Security

Designed to keep the US safe from all threats

• Ex. Nuclear detection and intelligence coordination

• Greatly expanded the President’s power

USA Patriot Act

Allowed law enforcement to conduct large sweeping searches and surveillances

• Detain immigrants

• Monitor bank accounts

• Wiretap suspect phone calls

War in Iraq

Saddam Hussein refused UN Inspectors, denied that he had WMDs, and rejected Bush’s ultimatum to leave Iraq

Hurricane Katrina

New Orleans levees breaks causing billions of dollars in damage

• Evacuated lived in the Superdome

American Recovery and Reinvestment Act

Spent $700 billion to bailout the economy

Barack Obama

Became president in 2008 by criticizing the War in Iraq, denying tax cuts to the rich, and promising undocumented aliens a path to citizenship, and to close Guantanamo Bay

Sonia Sotomayer

First Hispanic woman on the Supreme Court

J-I-T Production

Part arrive at the precise time in the manufacturing process

• Reduces the need for a large inventory of parts

Time-study Analysis

Record the time it takes a worker to complete a task and then finding ways to improve their efficiency

Computer Revolution

Silicon chips make computers smarter and faster

• The internet

• E-commerce - doing business on line

Genetic engineering

By determining which genes cause disease thousands of sicknesses may be cured

Multinational Corp.

A corporation that has local stores around the world

Demography

The study of population

Illegal Immigrants

Some work for low wages that others might-not be willing to accept in a variety of jobs including agriculture, construction, or landscape maintenance

• Some, controversially, use social services like public school or emergency medical facilities

• Some may have children who are American citizens because they were born on American soil