Konspekt USA history
XIV The US at the end of the 20th century
· The role of Roland Reagan in politics, economy and foreign politics
oldest president to take office
change
promised to reduce taxes
almost assassinated
"Reganomics"- his policies
30% tax cut thought that lowering taxes would make rich people spend more -> more jobs actally
=>recession
expencive amrican products
1983 economy stabilised
Very much against communism
paying expenses by slashing government projects
skyrocketing deficits
· End of Cold War
1.Failure of Communism- Resulted in genocide, Failed to create dynamic, profitable industries,
infrastructure, agriculture, Wasted resources human, natural, technology, financial
2.Gorbachev's reforms- changes made- Political prisoners were released
Jews were allowed to emigrate freely
Labour unions were given the right to bargain and strike
Religions were allowed to worship freely
Mass media was allowed to investigate and publish freely
3
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