Between 1932 and 1980, the U.S. government tended to have relatively high taxes (by historical standards) and many new government programs (such as Social Security, Medicare, etc) were created.

• True

• False

The expansion of government between 1932 and 1980 included increased ______________. By the late 1970s, government agencies and laws (the FDIC, the Wagner Act, Civil Rights Act, the EPA) had complicated, but substantial, influence over American businesses.

• Regulation

• Taxation

• Privatization

• Isolationism

How did Ronald Reagan want to change American Tax policy?

• Reagan wanted to raise taxes on the wealthy & lower taxes on the poor

• Reagan hoped to lower taxes, particularly for the wealthy

• Reagan hoped to raise taxes for everyone

Which of the following was a major economic policy shift that distinguished Reagan’s administration from those of FDR, LBJ and even Richard Nixon?

• Reagan strongly supported deregulation of businesses.

• Reagan strongly believed that his own face should be on the dime, and all other American currency.

• Reagan strongly believed in free trade, working to reduce tariffs around the world.

Ronald Reagan hoped to reduce government spending. Which of the following posed the most significant challenge to this effort?

• Reagan and his wife had expensive taste, hoping to purchase all the most expensive bottles of champagne.

• Reagan wanted to create huge new government programs to help the poor and needy.

• Reagan wanted to expand the U.S. military as part of an “arms race” with the Soviet Union.

What two major reform programs did Mikhail Gorbachev launch in the Soviet Union during the 1980s?

• Perestroika (restructuring) and Glasnost (openness)

• Gulag (labor camps) and Archipelago (islands)

• Communism and Protestantism

• The New Deal and New Freedom

Which of the following was a major symbol of communist power & the division of the world during the Cold War?

• The Great Wall of China

• The Wailing Wall in Jerusalem

• The Berlin Wall

• The Maginot Line

With Soviet Power waning and many Eastern European Communist governments struggling to stay in power, what happened to the Berlin Wall in 1989?

• The Berlin Wall was strengthened

• The Berlin Wall was demolished

• The Berlin Wall was moved

• The Berlin Wall was painted

What major world power collapsed in 1991, effectively ending the Cold War?

• China

• The Soviet Union

• The United States

Why did people in the United States care about the fall of the Berlin Wall & the end of the Cold War?

• The end of the Cold War meant that the U.S. could move troops into every country on earth. American president George H.W. became, in effect, the Emperor of the World... and he was not afraid to call himself that.

• This is a trick question. The fall of the Berlin Wall & end of the Cold War were interesting to Americans of German/Russian consent... but not important enough for most Americans to see any effect to their daily lives.

• The effort to prevent the spread of Communism had been the main priority in foreign policy for the U.S. for over 40 years. The end of the Cold War seemed to change all of America's priorities. It also seemed to open the door to world peace.