The Reagan Years Quiz

Who was Ronald Reagan?

• the 41st president of the United States, was known for his Liberal politics and his appealing personality

• the 40th president of the United States, was known for his conservative politics and his appealing personality

• the 40th president of the United States, was known for his conservative politics and his unappealing personality

• the 41st president of the United States, was known for his conservative politics and his appealing personality

stagflation

• is the name economists use to describe a situation in which economic production slows but prices continue to rise

• The currency actually starts to rise once disinflation becomes deflation and policy interest rates reach zero, so that as deflation continues, real interest rates rise.

culture wars

• beginning of the 1990's a clash of cultures arose in the United States between conservative and liberal Americans

• beginning of the 1980's a clash of cultures arose in the United States between different nationality groups

• beginning of the 1980's a clash of cultures arose in the United States between conservative and liberal Americans

• beginning of the 1980's a clash of cultures arose in Russia between conservative and liberal Americans

national debt

• The national debt is the amount of money that a nation receives from its creditors, or individuals and institutions that purchased government bonds.

• The national debt is the amount of money that a nation owes to its people

• The national debt is the amount of gold that a nation owes to its creditors, or individuals and institutions that purchased government bonds.

• The national debt is the amount of money that a nation owes to its creditors, or individuals and institutions that purchased government bonds.

Medicare

• A public health insurance program for some people or families with limited incomes and resources, including children, pregnant women, older adults, and people with disabilities.

• is a U.S. government program that guarantees health coverage to most people who are over 65 years old and some people with disabilities

A Sandinista is a member of the Sandinista National Liberation Front, a left-wing Nicaraguan revolutionary group. The Sandinistas were backed by Cuba and the Soviet Union.

• True

• False

Mikhail Gorbachev

• was the last president of Russia

• Soviet Union leader from 1970-1980

• was the first president of the Soviet Union

• was the last president of the Soviet Union. He won the Nobel Peace Prize in 1990 for his role in bringing the Cold War to a peaceful end.

Russian word meaning “restructuring” was an attempt in the mid-1980s by then Soviet General Secretary Mikhail Gorbachev to reform social, political, and economic institutions in the Soviet Union. These systems were headed toward collapse.

• Perestroika

• Glasnost

In Russian means “openness.” It referred to changes in the government that allowed people to criticize its officials for the first time.

• Perestroika

• Glasnost

• Stagflation

• Sandinista