QOTD President Jimmy Carter’s efforts in foreign policy were mostly focused on what part of the world? A) Eastern Europe B) Southeast Asia C) The Middle East D) South America

QOTD President Jimmy Carter’s efforts in foreign policy were mostly focused on what part of the world? C) The Middle East In the Camp David Accords, Carter helped the nations of Israel and Egypt come to an agreement. There was also the Iran Hostage Crisis, which he was unable to resolve.

Today’s Standard SSUSH25 Describe domestic and international events of Ronald Reagan’s presidency

The Presidency of Ronald Reagan Prosperity in the 80s 1981 - 1988

President Ronald Reagan 6 years after Watergate and Nixon After Jimmy Carter 1) Ronald Reagan was elected in 1980 Conservative; Republican Didn‘t like big government Reagan would be elected for two terms – 1980 - 1988

Reaganomics Reagan’s first order of business was to tackle the domestic issues in the U.S. The economy 2) His plan: Reaganomics Based on the theory of supply-side economics A) Lowering income taxes for the wealthy will boost the economy and “trickle down” B) People would invest their tax savings in businesses and boost the economy

Reaganomics 3) In order for Reaganomics to work, Reagan had to cut taxes 1984 – 1986 – Income taxes dropped from 70% to 28% Reagan also had a policy of deregulation Cutting back federal programs that he felt weren’t needed

Reaganomics The benefits of Reaganomics: 4) A) Inflation dropped B) businesses revived C) the stock market soared

Reagan and the Cold War 1) During Reagan’s presidency, the Cold War was still going on Reagan increased military spending in the U.S. Reagan also proposed the creation of a space based missile defense system that would intercept launched missiles at the U.S. Strategic Defense Initiative AKA – “Star Wars”

Iran-Contra Affair Reagan’s presidency wasn’t perfect 2) He took a hit with a scandal dealing with the country of Nicaragua In Nicaragua, a civil war was going between an anti-communist group called the Contras and communist forces there Reagan sent funding to the Contras but that money would be cut off by Congress

Iran-Contra Affair 3) To fund the Contras without the help of Congress, the Reagan administration looked to Iran. Iran was holding American hostages in the country of Lebanon The Reagan administration cut a deal with Iran by selling them weapons for money and the prisoners The money they got from Iran was sent to the Contras 4) This was heavily criticized and was known as the Iran-Contra Affair

Reagan’s Farewell Reagan was cleared from involvement in the Iran-Contra Affair His popularity was not diminished 1989 – Reagan leaves the White House popular and loved by the people 5) After Reagan, the 1988 election saw the victory of Reagan’s VP George H.W. Bush Bush would not prove to be as popular as Reagan

President George H.W. Bush 1989 - 1992

Fall of the Soviet Union 1) Reagan and Bush’s presidencies saw the end of the Soviet Union A failing economy, limited freedoms, too much military spending had weakened the country 2) Mikail Gorbachev – new Russian leader – made sweeping reforms - perestroika 3) Russia becomes increasingly democratic 4) The satellite nations begin breaking away 1991 – Soviet Union collapses The Cold War is over!

Unit 10 Study Guides so far 1) The Presidency of Richard Nixon and Gerald Ford 2) The Presidency of Jimmy Carter 3) The Presidency of Ronald Reagan