Homewood APUSH 41 – Flashcards

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Supply-Side Economics
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Reaganomics policy based on the theory that allowing companies the opportunity to make profits, and encouraging investment, will stimulate the economy and lead to higher standards of living for everyone. Argued that tax cuts can be used stimulate economic growth. Move money into the hands of the people and they will invest, thus creating prosperity.
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Reaganomics
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The federal economic polices of the Reagan administration, elected in 1981. These policies combined a monetarist fiscal policy, supply-side tax cuts, and domestic budget cutting. Their goal was to reduce the size of the federal government and stimulate economic growth.
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Bakke v. Board of Regents
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US court case in which Bakke was denied to University of California Medical School twice to people less qualified based on race. Case determined that affirmative action is legal as long as filling quotas is not used.
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Ronald Reagan
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the 40th U.S. president (1981-1989), Republican. His administration greatly increased military spending, cut taxes, and reduced spending for social programs.
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Iran-Contra Affair
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President Reagan authorized the off-the-books sale of stolen weapons from the Pentagon to Iran in order to fund the Nicaraguan Contras; Congress had forbidden him to use government funds to support the Contras; helped keep Iraq from winning the Iraq-Iran War (did not want a Middle Eastern superpower); very illegal (Iran was considered a terrorist state) and almost caused Reagan to be impeached.
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Persian Gulf War
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Conflict that was triggered by a dispute over oil-drilling rights, leading to the Iraqi invasion of Kuwait in 1990. This war ended when the U.S. intervened, crushing Iraqi resistance and liberating Kuwait.
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Sandra Day O'Connor
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1981, first woman Supreme Court justice. appointed by Reagan
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Al Gore
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Served as the 45th Vice President of the United States from 1993 to 2001 under President Bill Clinton. Ran for President in 2000 and won popular vote but lost Electoral College
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Mikhail Gorbachev
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Soviet statesman whose foreign policy brought an end to the Cold War and whose domestic policy introduced major reforms.
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Ross Perot
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This billionaire was a third-party candidate in the 1992 presidential election won 19 percent of the popular vote. His strong showing that year demonstrated voter disaffection with the two major parties.
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Newt Gingrich
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An American politician who served as the 58th Speaker of the United States House of Representatives from 1995 to 1999. He is a Republican candidate in 2012 for President of the United States.
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Geraldine Ferraro
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In 1984 she was the first woman to appear on a major-party presidential ticket. She was a congresswoman running for Vice President with Walter Modale.
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Walter Mondale
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He was the vice president of Carter and when he won the democratic nomination he was defeated by a landslide by Reagan. He was the first presidential candidate to have a woman vice president, Geraldine Ferraro.
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Tiananmen Square
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Site in Beijing where Chinese students and workers gathered to demand greater political openness in 1989. The demonstration was crushed by Chinese military with great loss of life.
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Jesse Jackson
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A black candidate for the Democratic nomination in the 1988 election who attempted to appeal to minorities, but eventually lost the nomination to Michael Dukakis
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Rainbow Coalition
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Jackson wanted to attract a diverse group of voters of all races, classes, and creeds; appealed to a wide range of voters
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Trickle-Down Economics
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economic theory that holds that money lent to banks and businesses will trickle down to consumers.
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Moral Majority
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Moral Majority was a political group made up of fundamentalist Christians. Although not it did not accomplish much, it did show that Americans were starting to worry about the moral fabric of society.
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Jerry Falwell
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Leader of the Religious Right Fundamentalist Christians, a group that supported Reagan; rallying cry was "family values", anti-abortion, favored prayer in schools
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Americans with Disabilities Act
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Passed by Congress in 1991, this act banned discrimination against the disabled in employment and mandated easy access to all public and commercial buildings.
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William Rehnquist
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Nominated by Regan in an attempt to push the Supreme Court in a more conservative direction.
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Palestine Liberation Organization
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(PLO) - an organization dedicated to the establishment of an independent state for Palestinians in the Middle East.
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George H.W. Bush
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Republican (1989-1993) Beat Dukakis is 1988. President During Operation Desert Storm. "Read my lips, no new taxes." Went against his no-taxes promise. Economy hurt him while running for reelection in 1992.
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Boris Yeltsin
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the Russian president who bravely resisted the military after Gorbachev was arrested, an act which helped to allow the disintegration of the Soviet Union to take place in December 1991
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End of the Cold War
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Marked by the fall of the Soviet Union which was the result of Eastern European countries gaining independence, Gorbachev's reform policies, and a series of nuclear limitation treaties.
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budget deficit
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an excess of expenditures over revenues
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