Reagan Revolution Quiz

What event led to the Arab Oil Embargo of 1973-1974?

• American support of the Israelis in the 6 Day and Yom Kippur Wars

• The establishment of OPEC

• The discovery of oil in Alaska

• The signing of a peace treaty between Arab nations and Israel

What did the Arab Oil Embargo highlight about American energy consumption?

• America's self-sufficiency in energy production

• America's dependence on solar energy

• America's dependence on foreign oil

• America's investment in nuclear energy

On what principles did Reagan run his campaign during the Election of 1980?

• Being a fiscal conservative

• Being a social liberal

• Being a social conservative

• Being a supporter of Big government

What was Reagan's stance on communism during the Election of 1980?

(a)  

• Being neutral towards communism

• Being slightly critical of communism

• Being supportive of communism

• Being staunchly anti-communist

What was the Reagan Revolution a reaction to?

• The decline of conservatism

• The expansion of big government and social engineering

• The reduction of defense spending

• The increase in social programs

What policies were associated with the Reagan Revolution?

• Increase in social programs

• Cut social programs

• Decrease in defense spending

• Raise defense spending

What economic approach did the Reagan administration advocate for?

(a)  

• Demand Side Economics

• Keynesian Economics

• Supply Side Economics
• Marxist Economics

What was the central idea of Reaganomics?

• Increasing taxes to reduce the national debt

• Cutting taxes to stimulate economic growth

• Reducing military spending to balance the budget

• Expanding social welfare programs

What was a consequence of Reagan's economic policies?

(a)  

• The national debt decreased by $2 trillion

• Military spending was significantly reduced

• The national debt increased by $2 trillion
• Tax revenue remained constant

What was the Soviet Union referred to as, which indicated its negative influence in the world?

• The leader of the modern world

• The peacekeeper

• The evil empire and the focus of evil in the modern world

• The strategic partner