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Chapter 26

High Tide of Conservative Movement

QuestionAnswer
Conservative People who favor the protection of natural resources.
Liberal Favorable to progress or reform, as in political or religious affairs.
Ronald Reagan 40th president; popular conservative leader who promoted supply-side economics and created huge budget deficits.
Supply-Side Economics Theory that tax reductions will increase investment and thereby encourage business growth.
Nicaragua (blank)
Cold War The competition that developed after World War II between the US and the Societ Union for power and influence in the world, lasting until the collapse of the Soviet Union in 1991.
Mikhail Gorbachev Soviet leader whose bold reforms led to the breakup of the Soviet Union in the late 1980s.
George H.W. Bush 41st president; continued Reagan's conservative policies; brought together United Nations coalition to fight the Persain Gulf War
Iraq (blank)
Kuwait (blank)
Berlin Wall Torn down. Was originally built to seperate communist Berlin from non-Communist Berlin.
Saddam Hussein Iraqi leader.
Recession A period of slow business activity.
Clarence Thomas (blank)
Iran-Contra Affair Scandal during the Reagan administration involving the use of moneyfrom secret Iranian arms sales to support the Nicaraguan Contras.
Strategic Defense Initiative President Reagan's proposed defense system against a Soviet missile attack, popularly known as "Star Wars"
Savings and Loan Scandal (blank)
Deficit Paying out more money from the annual federal budget than the goverment recieves in revenues.
Tetlon President (blank)
Created by: iloveaimee
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