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After Nixon (egypt got other countries to cute off US from oil because…
After Nixon
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The Pardon
after his resignation some people hoped nixon would be punished for his crime. however gerald ford felt it was best to move on. this was also influenced by their friendship
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iranian hostage crisis
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52 americans held for 444 days, pairiaded and tortured around the streets
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Reaganomics
supply side economics, provide tax cuts to businesses to encourage them to reinvest in their business and spur job growth
Trickle down Theory: belief that by helping businesses(wealthy) economic benefits " trickle down" to middle and lower classes
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Cold War Ending
strategic defensive initiative. " star wars" : was the idea of a missile defense system that would stop nuclear weapons before they hit the US, the USSR realized they could not keep up with the arms race.
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Glasnost: convinced Gorbachev that opening the USSR to foreign markets could create more prosperity.
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