1970s and 1980s Test Review

Question 1

Richard Nixon’s rise, domestic success, foreign policy success, downfall
Stagflation

Answer 1

1967-1973 high inflation and high unemployment
increased global competition from countries that had recovered from WWII
Nixon tries to reduce amount of $ in circulation to bring the value back up (slightly worked)
raised interest rates (bad idea)
Nixon inherits a mild recession in 1973

Question 2

Jimmy Carter’s rise, domestic success, foreign policy success, downfall

Answer 2

democratic, 1976
encouraged Americans to cut oil and gas consumption with incentives
National Energy Act 1977- placed a tax on gas guzzling cars, removed price controls on oil and gas produced in the USA; tax credits for use of alternative energy

Question 3

Gerald Ford rise, domestic success, foreign policy success, downfall
The “Plumbers” role in Watergate

Answer 3

five former FBI/CIA agents that were handpicked for the job
booked a room @ Watergate, broke into the democratic HQ, and tapped 2 phones
they forget to remove the tape from the door so a security guard notices, police are called, and the investigation leads all the way to Nixon

Question 4

Woodward and Bernstein role in Watergate

Answer 4

Two reporters from the washington post who tracked down sources and break the story and prove nixon is behind it.

Question 5

Rachel Carson’s Silent Spring

Answer 5

spreads awareness about pesticides that were being used to kill insects and rodents that were leaking chemicals into food (birds, fish, cows were absorbing chemical DDT)
chemical companies threaten legal action
call to action for environmentalism in the US

Question 6

The New Rights and the Moral Majority Agenda

Answer 6

The Moral Majority: Evangelical christians who interpreted the bible literally and believed in standards of right and wrong
revive holy spirit and restore patriotism
individual

Question 7

Ronald Reagan’s economic philosophy

Answer 7

Supply-side Economics AKA “Reaganomics”
Cut taxes for the rich to put more money in the hands of businesses supply side economics growth can be more effectively created by investing in capital and by lowering barriers to the production of goods + services
Supply-side Economics (favored by conservatives)
Demand Side or Keynesian economics (favored by liberals)