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52 Americans were held hostage for 444 days. (Nov 4, 1979- Jan 20, 1981). A group of islamic students supporting the Iranian Revoluntion took over the Embessy in Tehran. The crisis was described as an entaglement of mutual incomprehension and vengence.
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Both of these actions damaged the Iranian economy and military. Due to this a year later Iran went to war with Iraq. Also, this made America's gas prices rose.
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It freezed all Iranian assets in the United States.
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It was a military operation that attempted to save the 52 americans in Tehran. The operation was aborted when three of the helicopters that were part of it got damaged and had to return to the carrier.
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The four condidtions were that Shah's American fortune was to be given back the Iranian government. Iranian assets frozen in American banks were to be released. The United States was to promise never to interfere with Iran's affairs again. Lastly, American claims towards Iran were to be nullified.
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George H.W. Bush was his running mate. The debate in October helped his campaign. He beat Carter and John Anderson. Thanks to Reagan it was the first time the Republicans had the Senate since 1952. He expanded military, helped end the Cold War, changed the economy domestically, and pursued policies towards individual freedom.
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The signing of the Algiers Accords ended the crisis. The hostages were flown from Tehran to Europe and then New York. It said that America would not intervene with Iran militarily or politically. Iranian debts would be paid to the U.S.