Period 9 Flashcards
(10 cards)
Reaganomics
Decreasing taxes, regulations, domestic policies, and money supply
Supply-Side Economics
Focusing on increasing supply and services, rather than demand
Trickle Down Economics
Economic benefits for the rich will stimulate economic growth and overall benefit everyone
Iran-Contra Affair
Scandal during Reagan administration where the US secretly sold arms to Iran in exchange for the release of hostages
INF Treaty
Arms control treaty between US and Soviet Union that banned all intermediate-range nuclear weapons
Invasion of Panama
Depose Panama leader and put in place a democratically-elected one
Caused international outrage
Persian Gulf War
A war fought between a coalition led by the United States and Iraq to free Kuwait from Iraqi invaders
Introduction of live news broadcasts from frontlines
Americans with Disabilities Act
Passed by Congress in 1991, this act banned discrimination against the disabled in employment and mandated easy access to all public and commercial buildings
NAFTA
North American Free Trade Agreement
Trade agreement between America, Canada, and Mexico
Clinton-Lewinsky Scandal
Scandal between President Bill Clinton and White House intern Monica Lewinsky