Ch. 13.3 Europe and the United States Flashcards
Thatcherism
economic policy of Margaret Thatcher
budget deficit
gov’t spends more money than it collects in revenues
weapons of mass destruction (WMDs)
nuclear, chemical, biological weapons that kills masses
Willy Brandt
first Social Democratic chancellor of W. Germany; Dec 1972: sign treaty with E. Germany for more connection; receive Noble Peace Prize 1971
Margaret Thatcher
Conservative; limit social welfare, restrict union power, end inflation; try to create flat-rate tax—>resigned
Richard Nixon
elected 1968; Watergate scandal (try to gain political information about his opposing candidates illegally); resigned Aug 9, 1974 (Ford takes over)
George W. Bush
elected 2000; tax cut and No Child Left Behind Act (improve education); 9/11: armed conflict with Afghanistan and Iraq; had to handle terrorism
EEC
European Economic Community expanded; created more solidified EU (European Union); formed euro
France
1981: Socialist (Francois Mitterand)—>1995: Conservative (Jacques Chirac)
West Germany
1969: Social Democrat (Willy Brandt)—>1982: Christian Democrat (Helmut Kohl-economic boom, deal with unified Germany struggles—>1998: Social Democrats [neo-Nazis formed because of worsened economic conditions]
Great Britain
1979: Conservative (Margaret Thatcher—>John Major)—>1997: Labour (Tony Blair)
Jimmy Carter
problems: high inflation; decline in avg earnings; Ayatollah Ruhollah Khomeini crisis (captured 52 Americans)
Ronald Reagan
elected 1980; cut back on welfare state; military build up—>budget deficits tripled
Bill Clinton
Bush—>Clinton elected 1992; economic revival; charged with presidential misconduct
Saddam Hussein
U.S. invaded Iraq based on statement that Hussein had WMDs; none found