Front | Back |
Proposition 13
|
The tax revolt led by the new right had its first public beginnings in 1978, when Howard Jarvis, a conservative activist in California, launched the first successful major citizens' tax revolt in California with this proposition, a referendum question on the state ballot rolling back property rates
|
Boll weevils
|
A beetle which feeds on cotton buds and flowers
|
Supply-side economics
|
An economic philosophy that holds that sharply cutting taxes will increase the incentive people have to work, save, and invest.
|
Reaganomics
|
Policies combined a monetarist fiscal policy, supply-side tax cuts, and domestic budget cutting; goal was to reduce the size of the federal government and stimulate economic growth
|
Strategic Defense Initiative (SDI)
|
"Star Wars", called for a land- or space-based shield against a nuclear attack
|
Sandinistas
|
Members of a leftist coalition that overthrew the NIcaguan dictatorship of ANastasia Somoza in 1979 and attempted to instal a socialist economy
|
Contras
|
Anti-leftist revels in Nicaragua who fought Sandinistas in an attempt to seize power; Recieved large armounts of military aid.
|
Glasnot
|
Policy of openness initiated by Gorbachev in the 1980's that provided increased opportunities for freedom of speech, association and the press in the Soviet Union
|
Perestroika
|
A policy initiated by Mikhail Gorbachev that involved restructuring of the social and economic status quo in communist Russia towards a market based economy and society
|
Intermediate-Range Nuclear Forces (INF) Treaty
|
Both superpowers agreed to get rid of their stockpiles of missiles and allowed each other to inspect the other side to prevent cheating
|
Iran-Contra Affair
|
Although Congress has prohibited aid to the NIcaraguan contras, individuals in Reagan's administration continued to illegally suppport the rebels by selling arms to Iran. These officials secretly sold weapons to Iran in exchange for the release of American hostages being held in the Middle East. Profits from these sales were then sent to the contras.
|
Moral Majority
|
"Born-Again" Christians become politically active. The majority of Americans are moral people, and therefore are a political force.
|
Black Monday
|
The largest percentage drop in stock market history, ocurred in October 1987
|
Operation Desert Storm
|
The United States and it's allies defeated Iraq in a ground war that lasted 100 hours
|
Americans with Disabilities Act (ADA)
|
Passed by Congress in 1991, this act banned discrimination against the disabled in employment and mandated easy access to all public and commercial buildings
|