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How did the economy recover under Reagan?
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After going through a brief relapse and Reaganomics, the economy sprung back to life. The housing and employment rates went up. Reagan’s economy cut out 2/3 of inflation, decreased unemployment, and raised the economy. 19 million new jobs were made.
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Gorbachev was the new communist leader in Russia. He was “new blood” – the only thing that could keep the dying communist society in Russia pumping. He was considered a “different” style of communist leader than previously seen in power before. He was willing to work and even slow communism.
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What was the Reykjavik Summit?
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This was a summit held in Iceland between Gorbachev and Reagan. The goal of this was to sort out peace between the Soviets and the Americans and to end the arms race. However, Gorbachev wanted Reagan to end the SDI and that was not something Reagan was willing to do. Some thought of this as the location where the Cold War “came to an end.”
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What was the Iran-Contra Affair?
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This was also known as “Irangate.” President Reagan had told his inferiors to do whatever needed in order to continue to fund the Contra rebels in Nicaragua. In order to do this and to promote the release of Iranian hostages, his administrators began selling arms to Iran. The money from the sales was sent towards funding the Contras. Iran was going to negotiate with Hezbollah (had hostages) if we sold weapons to them, so we worked though Israel to sell weapons to Iran. This was done without Regan knowing it.
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How did the Cold War end?
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There was no official end of the Cold War. However, many see Reykjavik as the end of the Cold War, since it was the first time negotiations were discussed in deep discussion. Although Reykjavik did not work treaty-wise, it did something emotionally.
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Within the Iron Curtain, there were freedom movements going on.
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There was also united international opposition to communism.
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Russia overreached and was later replaced by the Russian Federation.
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Why did Reagan say, “Tear down this wall!”?
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Despite what some had said, Germans were not “used to the wall.” It was a divider of two different lifestyles and of families, friends, and loved ones. Some thought that if Gorbachev was truly serious about his openness and restructuring philosophy, then he should be more than willing to tear down the wall.
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What was the Intermediate Nuclear Forces agreement?
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The Intermediate Nuclear Forces agreement was the agreement that ended the potential nuclear war. It was basically the Zero Option Agreement with a different title. Under this agreement, we could not have intermediate ballistic or cruise missiles. This also allowed America and Russia to inspect each other’s supplies.
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Why did the Soviets withdraw from Afghanistan?
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The Soviets had been drawn into a bigger war than they had wanted in Afghanistan. Once it got too pricey for them, they backed out. They had overreached and couldn’t eat everything on their plate.
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How did Reagan beat the Russians?
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Reagan did not beat the Russians in war, but rather in peace. There was no definite winner in this, but there definitely was a country that was always fighting for the true objective – peace. Also, when the Berlin Wall came down, that was a major trump. We won the arms race against Russia since they couldn’t afford it anymore.
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What parting advice did Reagan leave with the nation?
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#1. Reagan said to teach America’s children about patriotism, to keep the fire alive. #2. America should forevermore be a city on a hill. We should increase that light and never let it die out. We should leave it brighter than before.
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What was the significance of the fall of the Berlin Wall?
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This, to me at least, feels like an official ending to the Cold War. This opened Germany up again to become one again. This showed a lessening of Soviet influence in Europe. This showed the fall of communism in Germany and freed the people of East Germany from its oppression.
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What are the important events from 1988-2008?
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Al Qaeda was formed in 1988/1989.
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The 9/11 Attacks are also incredibly significant.
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The Iraq and Afghanistan Wars were also very significant, along with the election of Barack Obama, Operation desert Storm, and the Scandal that Bill Clinton went through.
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What was Operation Desert Storm?
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Saddam Hussein (dictator of Iraq) invaded Kuwait in 1990. America feared that Hussein would not only take over Kuwait but also Saudi Arabia, and thereby control much of the world’s oil supply. The UN approved a US led coalition against this invasion. Luckily, this lasted only a month, and we were able to drive back Hussein. A ceasefire was declared just 100 hours after the operation began. Saudi Arabia accepted America’s help instead of Osama Bin Laden’s assistance, which further enraged Osama.
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The terrorism we usually refer to today is Islamic terrorism, which is commonly fighting against American involvement in the East. Terrorism is basically frightening a group or country into doing something, or forcing them to do something, by using means of terror.
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What were the significant technological developments in the 90s?
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We had a microprocessor revolution, which increased the power and speed of technology. We also had the miniaturization, cellular, satellite, and internet revolutions. The cell phone shrunk and is now stuffed with every gismo you could need. Some specific examples include Hubble space telescope, the internet, the webcam, Google, and electric cars.
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