Economic Policies and Trends (1980s–2000s)
What key priorities did the New Right focus on?
Limited government, traditional values, and free-market policies.
What technological advancements changed daily life by 2000?
The Internet and mobile phones.
What was a major focus of the Bush administration's War on Terror?
Counter-terrorism and military actions in Afghanistan and Iraq.
What significant demographic trend has emerged since 1980?
Declining birth rates and an aging population.
How has job displacement from automation affected the economy?
It has led to shifts in labor markets and increased inequality.
What characterized the Clinton era economy?
Budget surplus and economic growth.
What are the benefits and challenges of globalization?
Benefits include cultural exchange; challenges include intensified worldwide competition for low-cost sources of labor.
What was Operation Desert Storm?
A military operation to liberate Kuwait from Iraqi occupation in the 90s.
What impact has the “graying” of the Baby Boomers had?
Increased demand for retirement and healthcare services.
What role did sustainability movements play?
They pushed for greater environmental protections and policies.
What were the major consequences of NAFTA?
Increased trade but also job losses in certain sectors.
What is a symbolic device of the Robotics Revolution?
ATM (Automated Teller Machine).
How did the U.S. respond to Iraq's invasion of Kuwait?
Military action through Operation Desert Storm.
What are major immigration trends from 1990-2010?
Increased immigration from Latin America and Asia.
What challenges faced communities where Punk Rock originated?
Economic decline and social unrest.
What is another name for supply-side economics?
Reaganomics
How did technological advancement affect daily life by 2000?
Increased digital integration
What was the USA PATRIOT Act's effect on society?
Expanded federal powers for surveillance and security.
Why does the aging population matter?
It impacts social security and healthcare systems
What economic impacts did robotics have on workers?
Job displacement and changes in job requirements.
What were the key features of Reaganomics?
Tax cuts, deregulation, and increased military spending.
How did satellite TV impact sports?
It globalized sports, allowing wider distribution and viewership.
What marked the end of the Cold War?
The resignation of Mikhail Gorbachev in 1991
What are characteristics of the Millennial generation?
Digital natives, diversity, and social consciousness.
How did environmental awareness shift during this period?
Increased focus on sustainability and climate change.