Topic 19.2: The Reagan Era

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supply-side economics

An economic philosophy that holds the sharply cutting taxes will increase the incentive people have to work, save, and invest. Greater investments will lead to more jobs, a more productive economy, and more tax revenues for the government.

How did the Edgewood I.S.D v. Kirby court case affect minority citizens in Texas? A. It affirmed the rights of minorities to run for political office positions. B. It improved education by increasing funding for minority school districts. C. It reduced discrimination by promoting the integration of neighborhoods. D. It assured that minorities would receive the same wages as white workers.

It improved education by increasing funding for minority school districts.

Vouchers

Money government provides to parents to pay their children's tuition in a public or private school of their choice.

On which issue did Reagan's Supreme Court appointee Sandra Day O'Connor break with other conservative justices? A. She always voted in support of liberal values. B. She consistently voted to uphold Roe v. Wade. C. She voted to allow religious teaching in public schools. D. She voted to reform education in Edgewood I.S.D. v. Kirby.

She consistently voted to uphold Roe v. Wade.

Deregulation

The lifting of government restrictions on business, industry, and professional activities.

acquired immunodeficiency syndrome (AIDS)

The most advanced, and fatal, stage of an HIV infection.

national debt

The sum of government deficits over time.

budget deficit

a shortfall of tax revenue from government spending

Sandra Day O'Connor

first female Justice and a moderate conservative;

What did supply-side economics suggest? A. that a reduction in taxes would stimulate the economy B. that an increase in taxes would prompt new business investments C. that the deregulation of industries would encourage economic growth D. that an increase in federal spending would improve the standard of living

that a reduction in taxes would stimulate the economy

Savings and Loan Crisis

the failure of about 1,000 savings and loan banks as a result of risky business practices

What did the National Rifle Association seek to defend during the 1980s? A. the right to bear arms B. the security of airports C. the safety of public schools D. the importance of the military

the right to bear arms

What was the purpose of the Heritage Foundation? A. to revive progressive ideals B. to strengthen international relations C. to promote Reagan's conservative agenda D. to celebrate the history of immigration in the United States

to promote Reagan's conservative agenda


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