Current Events Test Review 1

Since Reagan, How does the Republican party deal with economic problems?

• Raise Taxes

• increase social spending

• lower taxes and reduce government spending

What was the objective of Reaganomics?

• borrow money from foreign countries

• increase government spendings

• tax cuts and financial deregulation

• reduce trade barriers

What was Reagan's military defense strategy?

• decrease the military by closing bases.

• enact the draft to discourage others.

• Increase defensive strength to discourage others.

What describes Reagan's belief about the role of the federal government?

• increase spending on social programs

• reduce defense spending

• reduce government regulations

What is " Peace through Strength"?

• U.S. should use force to defeat the Soviet Union.

• U.S. should build up the military to keep the peace.

What event offered "Arms for hostages" during Reagan's presidency.

• Iran Hostage Crisis

• Iran Contra Affair

This organization started during Reagan's presidency, their organization promoted conservative policies like free enterprise, limited government and a strong national defense.

• Contract with America

• Moral Majority

• Heritage Foundation

What was the political document of the Republican Party during the election of 1994?

• Common sense

• The Contract with America

• Pledge to America

These events happened in what decade?

Gulf War

World Wide Web

BlackHawk Down

Rwandan Genocide

• 1980s

• 1990s

• 1970s

• 2000s

What happened when the government deregulated the thrift institutions during the 1980s?

• Farms closed

• Healthcare reform

• Savings and Loan Scandal