USH: CHP 19.3-19.4 QUIZ

Glasnost

"openness" allowing more freedom of religion and speech in the Soviet Union

Perestroika

"restructuring" allowing some people private enterprise and profit making in the Soviet union.

Recession

US economy went into this because we no longer had to have a big military

Michael Gorbachev

announced the end of the Soviet Union in December 1991

Video Cassette Recorders

changed the viewing habits and the movie industry in the 1980's

AIDS

disease that weakens the immune system and lowers resistance to illness and became an epidemic

Ted Turner

launched CNN

Downsizing

laying off workers and managers to increase a company's efficiency

Capital gains tax

paid by businesses and investors when they sell stocks or real estate for a profit

Baby Boomers

portion of population that led to a increase in the economy and cultural areas of society

Discount Retailers

sell large quantities of goods at low prices

Saddam Hussein

sent army to invade oil rich Kuwait

China

students and workers held prodemocarcy demonstrations in this country

Rainbow Coalition

term used by presidential candidate Jesse Jackson for a broad group of minorities

Middle and Upper class

the economic upturn benefitted this group in the 1980's

Senior Citizens

this age group became more vocal in political arena about Social Security amd Medicare'

Five percent

this group saw their income rise in the 80's