After Nixon

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

ford later believed that his decision to pardon nixon cost him the reelection

issues like inflation and an oil crisis

egypt got other countries to cute off US from oil because they were being attacked.

the energy crisis began soon after OPEC stopped providing the US with oil

fford started the Whip inflation Now campaign to stop an increase in prices by encourgaing people to spend less money

it proved unsuccessful as inflation rose 2%

issues in vietnam

ford had issues in Vietnam.

the dems voted down a bill to help South Vietnam and broke the peace accords and south vietnam eventually fell and it became a communist country

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Life in the 70s

music was disco and rock

Muhammad Ali reclaimed championship after having it removed in Vietnam protest

blockbuster became a big thing in the 70s and the main movies are starwars and jaws

equal rights amendments for women introduced but failed to be passed

Carter: peanut farmer

because of his ties to nixon's presidency ford lost his election

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Energy and Economic issues

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oil crisis strikes again. the iranian revolution made oil scarce

long lines at gas station defined the era

price for goods increased by 10%

carter tries to restore confidence with patriotism but america wanted a solution not a scolding

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iranian hostage crisis

in the middle of the iranian revolution the american embassy was overrun

52 americans held for 444 days, pairiaded and tortured around the streets

a failed attepmt at military rescue led to further torture for the citizens

in jan 1981 the hostages were released hours after reagan was inauguration

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ronald raegan: rise of conservatives

election of 1980 sparked a shift in the republican party

christian conservatives/moral majority: voters who chose candidates based on social conservative policies

landslide electoral college win

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

critics claim that only the wealthy benefited from these policies.

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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.

" tear down this wall" negotiatited with gorbachev to tear down the berlin war

Glasnost: convinced Gorbachev that opening the USSR to foreign markets could create more prosperity.

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Important events in the age of reagan.

spaceship challenger, blew up pasengers and teacher.

iran contra affair: Reagan was lax with his cabinet who went behind his back and made a secret arms deal with the contra in iran

war on drugs, AIDS epidemic ( reagan ignored the epidemic)

Music; michael jackson, madonna, whitney houston.

Fads: Pac-Man, cabbage patch kids

Developments: Cable television, laptop computers, cellular phones