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Trickle-Down Economics
Trickle Down economics refers to an economy where taxes on business and the wealthy should be reduced in society. It is meant to stimulate business and help society and economy in the long run. -
1980 election
During the 1980 election, the republican candidate was Ronald Reagan and the democratic candidate was Jimmy Carter. Ronald Reagan won the election. The significance of this win was that Carter was the former president and it was believed that he caused higher inflation and unemployment. -
AIDs
Acquired immunodeficiency syndrome, or AIDS was first reported in June of 1981 and the number of infected people have increased greatly. In 1985 the first federal resources dedicated to HIV/AIDs prevention methods were made available to all states and more people began to become educated on HIV/AIDs -
Release of the American Hostages by Iran
In November of 1979, 52 American citizens were held hostage by the Iranian government. They were kept there for 444 days and later released on January 20, 1981, when presidency was given to Reagan. -
Assassination attempt on Reagan
A man named John Hinckley jr. shot President Ronald Reagan and three other men while they were leaving a conference in Washington Hilton Hotel. -
Strategic Defense Initiative (SDI) AKA Star Wars
President Ronald Reagan implemented a strategic defense system to protect the United States from nuclear attacks from other countries. -
1984 Election
On November 6, 1984 the presidential election was held here Republican Ronald Reagan ran against Democratic candidate, former Vice President Walter Mondale. Ronald Reagan defeated him and served his second term as president. -
Gorbachev’s Glasnost and Perestroika
Perestroika referred to the reconstruction of the political and economic system that was created by the communist party in the soviet Union. -
The “Reagan Doctrine”
Ronald Reagan created the Reagan Doctrine was used to outline some of his key points on the United States foreign policy. This was meant to support the "freedom fighters" around the globe. -
Iran-Contra Affair
The Iran-Contra affair was a political scandal in the United States the occurred during the second term of Reagan's presidency. -
The Challenger Disaster
The NASA shuttle orbiter was being launched into space during a mission, broke apart 73 seconds into the flight. This tragedy killed all seven of the crew members and stopped all space shuttle flights for almost three years. -
1988 Election
During the 1988 election, republican candidate George H. Bush ran against democratic candidate Governor Michael Dukakis of Massachusetts. Bush won the election and became President. -
Unraveling of the Soviet Bloc
In June of 1989, the east and west germans began to tear down the berlin wall with pickaxes. This was the beginning of the two sides coming together again. -
Tiananmen Square Massacre
The protest in Tiananmen square, Bejing, China lasted from April 15, 1989 to June 4, 1989. The protestors that were there were intellectuals and labour activist to change the communist party that ran China. -
The Fall of the Berlin Wall
In 1989, the cold war began to die down all across eastern Europe and on November 9, 1989 the Communist party of East Berlin announced that the two sides would desegregate. -
Operation Desert Storm
The gulf war, nicknamed Operation Desert Storm, was a military operation that was meant to take our the Iraqi forces which had invaded Kuwait. -
Collapse of the U.S.S.R
In December of 1991, the Soviet Union withdrew its power and granted independence to the republics of the united soviet socialist republics. They did this because of a dramatic change in their revenue for oil and gas.
