Lesson 1 - Gerald Ford and Jimmy Carter (100% verified)
______ is a period of time in which inflation is accompanied by a recession,
including rising unemployment.
stagflation
What two major factors caused the recession of the early 1980s?
-people had less money to spend because of rising oil prices
-an oil embargo by OPEC nations
Gerald Ford became President when ______ resigned.
Richard Nixon
For what action did President Ford face heavy criticism?
for pardoning President Nixon
What did WIN mean?
Whip Inflation Now
What was the result of the Helsinki Accords?
Communist nations agreed to respect the autonomy of nations in Europe and to
establish a better record on human rights.
What happened in Cambodia in 1975 that resulted in Marine action?
Cambodians seized control of the Mayaguez, an American cargo ship.
What evidence may be cited to prove that President Ford "put the nation on
hold"?
He vetoed more than 50 bills.
The nation's 200th birthday was called the ___________.
bicentennial
The jubilant tones of the nation were subdued by high _______ and high
________ rates.
1) unemployment
2) interest
The _______ profits tax was placed on the oil companies by President Carter due
to high prices being charged for gasoline.
windfall
Oil prices surged upward due to disagreements between the ________ nations.
OPEC
The new Cabinet-level position created during the Carter administration was
________.
Secretary of Energy
The ________ Accords were a framework for new treaties between Israel and
Egypt.
Camp David
President Carter turned the Panama Canal over to _________.
Panama
In _____, President Carter and Premier Brezhnev signed the SALT II agreement,
which was a second Strategic Arms Limitation treaty.
1979
The United States did not participate in the 1980 __________ because the Soviet
Union invaded Afghanistan.
______ is a period of time in which inflation is accompanied by a recession,
including rising unemployment.
stagflation
What two major factors caused the recession of the early 1980s?
-people had less money to spend because of rising oil prices
-an oil embargo by OPEC nations
Gerald Ford became President when ______ resigned.
Richard Nixon
For what action did President Ford face heavy criticism?
for pardoning President Nixon
What did WIN mean?
Whip Inflation Now
What was the result of the Helsinki Accords?
Communist nations agreed to respect the autonomy of nations in Europe and to
establish a better record on human rights.
What happened in Cambodia in 1975 that resulted in Marine action?
Cambodians seized control of the Mayaguez, an American cargo ship.
What evidence may be cited to prove that President Ford "put the nation on
hold"?
He vetoed more than 50 bills.
The nation's 200th birthday was called the ___________.
bicentennial
The jubilant tones of the nation were subdued by high _______ and high
________ rates.
1) unemployment
2) interest
The _______ profits tax was placed on the oil companies by President Carter due
to high prices being charged for gasoline.
windfall
Oil prices surged upward due to disagreements between the ________ nations.
OPEC
The new Cabinet-level position created during the Carter administration was
________.
Secretary of Energy
The ________ Accords were a framework for new treaties between Israel and
Egypt.
Camp David
President Carter turned the Panama Canal over to _________.
Panama
In _____, President Carter and Premier Brezhnev signed the SALT II agreement,
which was a second Strategic Arms Limitation treaty.
1979
The United States did not participate in the 1980 __________ because the Soviet
Union invaded Afghanistan.
