Modern US History Nixon Ford Carter Vocab List

Modern US History Nixon, Ford, & Carter

Vocab List -Revenue Sharing -Detente P 439 -Special Prosecutor -Executive Privilege P P 443 -Stagflation -Embargo

I. Background • • What the Boomers went through. Some math: o Birth Control + Abortions = SEX o Vietnam + Civil Rights = PROTESTS o Rock N’ Roll + Drugs = HIPPIES BUT not EVERYONE a pot smokin’, rock listenin’ hippie. Many americans not happy about: o Affirmative Action (Blacks/Latinos free ride to college) o High crime rate o New rights for blacks o Medicare/medicaid and “free ride” for the poor

II. Nixon • • • The Republican Richard Nixon wins election after LBJ in 1968, on a campaign of bringing back Traditional Family values. Remember: o # of divorces greatly increased o birth rate declined after boom o By 1980 40% of women are in workforce (only 20% in 1960) Nixon’s Legacy: o He ended the Vietnam War o Detente - relaxation of Cold War policies § Opened trade with China and Russia o Created Environmental Protection Agency (EPA) Sadly, Nixon is the only president to RESIGN because of the Water. Gate Scandal. Basically, he spied on the Democrats during his second

Video on Watergate

III. 1970 s Oil Shocks • • After Nixon Resigns, his VP - Gerald Ford becomes president. o Gerald Ford does nothing o His only notable thing he did was pardon Nixon for obstructing justice after Watergate. Two major oil shocks will rock our economy: o 1973 - Because we helped Israel, the middle east suspended oil to us. Gas price quadruple (x 4) Prices for everything went up because… oil makes everything § 1979 - because of the Iranian Revolution → Leads to hostage crisis • •

70 s Oil Shocks

IV. Iran Hostage Crisis • • After Gerald Ford, a democrat named Jimmy Carter wins in 1976. He is considered a failure as a president He supported: o Human Rights (helping the poor) o Nuclear Energy o Stopping Greed o Israel & Egypt Peace (Camp David Accords) Sounds good right? Regardless… lots of stuff went down during his presidency: o Hostage Crisis: 53 Americans in US Consulate in Iran were taken hostage for 444 days. Iran hated America because we supported The Shah (King) who gave us oil for our guns. Iranian revolution = they got rid of him.

Iran Hostage Crisis

V. Panama Canal Giveaway • • Jimmy Carter’s Legacy: o Stopped funding the Dirty War in Argentina (Wikipedia it : ’( ) o Gave back the Panama Canal to the Panamanians o Made a bunch of Nuclear power plants in the USA o Fostered Peace between Egypt and Israel What truly destroyed his presidency: o The Economy - The oil shocks and worldwide economic changes § Competition: Japan, S Korea, Taiwan & Germany now making tons of stuff instead of spending $$$ on defense because we defend them) § We finally began importing more than exporting goods § In 1960 40% of Americans worked in manufacturing, in 1980 it