Crisis and Resurgence: 1970s-2000

17E- The North American Free Trade Agreement (NAFTA) and the General Agreement on Trade and Tariffs (GATT) have encouraged countries to-

• engage in more international trade
• create a uniform international currency
• accept similar wage and price controls
• regulate multinational corporations from the Middle East

11A- What did the events of the Persian Gulf War and the Balkan Crisis in the 1990s indicate about the foreign policy goals of American leaders?

• They desire greater stability in the Middle East.
• They wish to expand trade with Middle Eastern nations.
• They want to help maintain peace and stop oppression around the world.
• They only act when American access to scarce resources is at stake.

14B- What is the function of the Environmental Protection Agency (EPA)?

• to develop America's natural resources
• to reduce air and water pollution and protect the environment
• to protect Americans from acts of terrorism
• to manage the nation's parks and forests

13A- What has been an important consequence of the invention of air conditioning, the construction of federal highways, and the building of dams and aqueducts?

• Farmers have been unable to irrigate their crops.
• "Rust Belt" cities have been able to resume their manufacturing. 
• The American population has shifted towards the South and West.
• The US population has shifted from the South to the MidWest.

18A- Which American entrepreneur helped to develop the software running most computers today?

• Lionel Sosa
• Bill Gates
• Robert Johnson
• Sandra Day O'Connor

10B- How did President Ronald Reagan believe he could tackle the problem of stagflation facing the American economy in 1980?

• increasing public spending on education and infrastructure
• raising the taxes of wealthier Americans
• reducing taxes and relaxing federal regulations so that producers would create a larger supply of goods
• increasing tariffs so that consumers would be encouraged to "Buy American"

10D- What was one effect of the Camp David Accords (1977)?

• They led to freedom for the embassy hostages being held in Iran.
• They led to the restoration of US grain sales to Egypt and Israel.
• They led to a lack of American Interest in Middle Eastern affairs.
• They led to a peace treaty between Egypt and Israel.

14B- The Environmental Protection Act and the Endangered Species Act both illustrated the federal governments commitment to--

• allowing certain issues to be decided by private citizens
• protecting natural areas and their resources for the public good
• permitting unlimited exploitation of the nation's natural resources
• leaving all decisions on the use of natural resources to state and local agencies

19D- What was the purpose of the Community Reinvestment Act of 1977?

• help low income, minority areas to obtain loans and credit
• prevent banks form making risky loans in low-income areas
• stop the practice of some banks making high-interest loans
• encourage banks to compete with local businesses in providing credit

24B- What was the importance of the appointment of Sandra Day O'Connor to the US Supreme Court?

• It showed a desire to appoint a strongly anti-Communist Justice.
• It was the first time a woman was appointed to the Supreme Court.
• It illustrated Reagan's intent to limit judicial activism on the Court.
• It showed a desire to appoint Justices without legal training.