Truman’s Fair Deal:aying for a series of economic reforms [1], outlined in his 1949 State of the Union Address to Congress on January 5, 1949. Truman stated that "Every segment of our population, and every individual, has a right to expect from his government a fair deal."
Baby Boom: When soldiers came back from WWII and started making families in america.
Suburbanization: Many people that lived in cities started moving to suburbs.
Johnson’s Great Society: President Johnson wanted to have a great society with no poor or homeless people.
Medicare: Medicare is health insurance for elderly people.
Medicaid: Health insurance for people under 18.
Department of Housing and Urban Development (HUD):ACabinet department in the Executive branch of the United States federal government.
Watergate: President Nixon's employees broke into the Watergate building.
Ford pardons Nixon :On September 8, 1974, one month after President Richard Nixon resigned the presidency amid the Watergate scandal, his successor, President Gerald R. Ford, announced his decision to grant Nixon a full pardon for any crimes he may have committed while in office
Stagflation:Stagflation is an economic situation in which inflation and economic stagnation occur simultaneously and remain unchecked for a period of time.[
Iranian Hostage Situation:The Iran hostage crisis was a diplomatic crisis between Iran and the United States where 52 Americans were held hostage for 444 days from November 4, 1979 to January 20, 1981, after a group of Islamist students took over the American embassy in support of the Iranian revolution.[2]
The Iran-Contra affairwas a political scandal in the United States which came to light in November 1986, during the Reagan administration, in which senior US figures agreed to facilitate the sale of arms to Iran, the subject of an arms embargo, to secure the release of hostages and to fund NicaraguanContras.
Supply-side Economics:Supply-side economics is a school of macroeconomic thought that argues that economic growth can be most effectively created using incentives for people to produce (supply) goods and services, such as adjusting income tax and capital gains tax rates, and by allowing greater flexibility by reducing regulation. Consumers will then benefit from a greater supply of goods and services at lower prices.
NAFTA:The North American Free Trade Agreement is a trilateral trade bloc in North America created by the governments of the United States, Canada, and Mexico.
MODERN AMERICA