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Stack #1902391
Crash Course U.S. History: Ford, Carter, and Economic Malaise
| Question | Answer |
|---|---|
| Crash Course U.S. History: Ford, Carter, and Economic Malaise | |
| 1. What was the big story of the 1970s? | Economics |
| 2. What long term process led to the economic downturn of the 1970s? | The gradual decline of manufacturing in the U.S. |
| 3. In what year did the U.S. first experience an export trade deficit? | 1971 |
| 4. By 1970, what led employers to eliminate high paying manufacturing jobs, increase automation, and shifting workers to lower wage regions of the U.S. or overseas? | Competition |
| 5. By 1980, Detroit and Chicago lost what percentage of their manufacturing jobs? | Half |
| 6. In 1973, Middle Eastern Arab-states suspended oil exports to the U.S., quadrupling prices, due to the U.S.’s support of what country? | Israel |
| 7. What event sparked the 2nd oil shock in the U.S. in the 1970s? | The Iranian Revolution |
| 8. An increase in inflation (10%) and decrease in economic growth (2.4%) led to what? | Stagflation |
| 9. What was one of Ford’s first acts as president? | To pardon Nixon |
| 10. Who was elected president in 1976? | Jimmy Carter |
| 11. How did Carter try to fight inflation? | He cut government spending, deregulated trucking and airline industry, and he raised interest rates |
| 12. Carter’s “Crisis of Confidence” speech ultimately called for what? | Renewal of spirit |
| 13. Carter’s big plan to solve the energy crisis was investment in what? | Nuclear power |
| 14. What probably was Carter’s greatest foreign policy accomplishment? | The Camp David Accords: A peace agreement between Egypt and Israel |
| 15. What event was caused by anti-American sentiment in Iran caused by the U.S. support of the Iran government? | The Iranian Hostage Crisis |
| 16. Carter claimed that the Soviet invasion of what country was the greatest threat to world peace since WWII? | Afghanistan |
| 17. What stated the U.S. would use force, if necessary, to protect its interests in the Persian Gulf region? | The Carter Doctrine |
| 18. The economic crisis of the 1970s dealt a serious blow to the consensus that government action could do what? | Solve economic problems |
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