Match the person or term with the with the correct description.
-savings and loan crisis

Question

Quizplus · Accepted Answer

The savings and loan crisis was caused by the deregulation of the industry and the subsequent risk-taking by these institutions.

Answer: A
 Arms for hostages refers to the Iran-Contra affair, in which the Reagan administration secretly sold arms to Iran in exchange for hostages and used the proceeds to fund anti-communist rebels in Nicaragua.

Answer: B
 Young, successful urban professionals, or "yuppies," were a phenomenon of the 1980s, known for their materialism and pursuit of wealth and status.

Answer: D
 The easing of Cold War tensions refers to the gradual thawing of relations between the United States and the Soviet Union, which began in the late 1980s and culminated in the fall of the Berlin Wall and the collapse of the Soviet Union.

Answer: E
 The ban on raising property taxes refers to Proposition 13, a ballot measure passed in California in 1978 that limited property tax increases and triggered a nationwide wave of anti-tax sentiment.

Answer: F
 Trickle-down economics, also known as supply-side economics, is the theory that tax cuts and other incentives for the wealthy and businesses will stimulate economic growth and eventually benefit everyone else.

Answer: G
 The peace between Egypt and Israel was the result of the Camp David Accords, a series of negotiations brokered by President Jimmy Carter in 1978 that led to a peace treaty between the two countries.

Answer: H
 The investigations of the Federal Bureau of Investigation (FBI) and CIA refer to a number of congressional hearings and investigations in the 1970s and 1980s that uncovered abuses of power and violations of civil liberties by these agencies.

Answer: I
 Slow economic growth and high inflation were major economic problems in the United States in the 1970s, a period known as stagflation.

Answer: J
 The nuclear power plant accident refers to the Three Mile Island disaster, a partial reactor meltdown that occurred in Pennsylvania in 1979 and raised concerns about the safety of nuclear power.

Answer: K
 Presidential involvement in Vietnam refers to the decision by Presidents Kennedy, Johnson, and Nixon to escalate U.S. military involvement in Vietnam, leading to a long and divisive conflict.

Answer: L
 Affirmative action refers to policies and programs aimed at promoting diversity and equal opportunity by giving preferential treatment to members of historically disadvantaged groups, such as minorities and women.

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