How old was Ronald Regan when he was elected?
69 years old
What major event in the 1970s caused high inflation?
Oil crisis
What did consumerism and materialism of time make more popular?
mall and food court culture
When was the Apple Macintosh released?
1984
In your own words, how does Reganomics work?
Something along the lines of economic plan, focused on tax reduction, free markets, and deregulation in economic industries. Based on trickle down economics, and the idea that if the rich are taxed less they will invest their wealth to companies to create more jobs, more and more better paying jobs will have the wealth reach the lower classes and all society is benefited.
What happened to the unemployment rate during 1980-1982?
Increased more than 10%
Name 3 different celebrities, or video games, or movie.
check PowerPoint slide
What was the internet's original name?
The ARPA net
Results of Reganomics in society (can be said in player's own words)
Caused the country's worse recession since the Great Depression. Increased unemployment, budget deficit and national debt to its highest point in years. The natural improvement of the economy in 1983 made the people think Reaganomics gave fruits after all.
What were Reagan's economic policies called?
Reaganomics
What did MTV Air?
Music Videos, Documentaries about Artists and concert footage
Which two video game consoles were competing against each other?
The Sega Genesis and the NES
Summarize the Iran-Contra affair in less than a minute
U.S. illegally sells arms to Iran, then uses profits to sponsor Nicaraguan Contras, the opposition group against communism.
what two industries grew after the recession?
technology and finance
Explain Yuppie Culture
A rise in baby boomers that had a college education, good paying job and rich taste. They were referred to as "yuppies" and were known for being materialistic and more focused on building their careers than older generations.
Which company pulled out of the video game market following the video game crash?
Atari
Pick between War on Drugs and AIDS crisis, you'll have a minute and a half to explain Reagan's controversial reaction to the issue.
War on Drugs: made punishments for crack users and possessors a lot harsher than cocaine users and possessors. Offered no rehab but only jail sentences. 80% of crack users were African American, leading the public to think the Anti Drug Abuse Act is rooted on racism.
What does GDP stand for?
gross domestic product
What did CDC state as ways to transmit the AIDS virus?
transmission through:
Blood transfusions
Heterosexual contacts
Mother passing the disease onto their children
What main factor differentiated the IBM 5150 from the Apple Macintosh?
The IBM 5150 allowed for compatibility with other software and hardware components.