2. Clinton and the 1990s
A. Economics - increasingly global and connected
- EU, China - economically powerful
- Globalization
- Economic Organizations: G8, World Trade Organization, International Monetary Fund, World Bank
- Trade Agreements: North American Free Trade Agreement
- Internet: speeds up the spread of capitalism, communication, sharing of cultures, etc.
- Late 1990s - "Dot Com" Bubble (over investment in internet/tech), and its burst (investments fail). NASDAQ looses 80% of value in 2000 "Dot Com" crash.
- Growth in service sector jobs and stagnation of wages (in some cases dropping) for middle and lower incomes. Loss of manufacturing jobs.
- Greater economic inequality
- Deregulation of the financial and banking industries (easy credit...too easy...)
B. Culture Wars
- Immigration (1964-2000: about 24 million immigrants)
- 50% from Latin America
- 30% from Asia
- 10% from Europe
- Racial/Economic Inequality
- Average white family worth $87,000
- Average Black family worth $5,400
- Rising Divorce rates, single parent families, rising co-habitation rates, lower teen pregnancy rates
- Gay Issues
- More socially acceptable, LGBT Rights
- "Don't Ask Don't Tell" - military policy
- Defense of Marriage Act - Fed law, states don't have to recognize gay marriages from other states, not recognized by Feds
- Tough on Crime - drugs laws, mandatory minimum sentences
- US 25% of all prisoners in world in jail in US
- Abortion Debate: Pro-life, or Pro-Choice
3. George W. Bush, 9/11 and "The War on Terror"
- 2000 Election and Bush v. Gore
- 9/11
- It's effects: War in Afghanistan, War in Iraq, Patriot Act, PRISM, Guantanamo Bay Detention Facility, Bush Doctrine - "War on Terror," Drone Strikes
4. 2007-2008 Financial Collapse (The Great Recession)
HW - (100% test grade for Quarter 4)
2. Explain/define each concept/term/person/event
- Explanations MUST BE HAND WRITTEN (in your handwriting) on paper or index cards
3. Due on first day back from vacation
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