Week 16

  1. The Fall of Saigon 1975
    • the capture of Saigon, the capital of South Vietnam, by the North Vietnamese Army on April 30, 1975
    • The event marked the end of the Vietnam War and the start of a transition period leading to the formal reunification of Vietnam under communist rule
  2. Watergate
    • a political scandal in the United States in the 1970s
    • resulting from the break-in into the Democratic National Committee headquarters at the Watergate office complex in Washington, D.C.
    • Effects of the scandal ultimately led to the resignation of the United States President Richard Nixon on August 9, 1974
    • It also resulted in the indictment and conviction of several Nixon administration officials
    • successor Gerald Ford issued a pardon to Nixon after his resignation
  3. Organization of Petroleum Exporting Countries (OPEC)
    • a cartel of twelve countries
    • headquarters in Vienna since 1965
    • hosts regular meetings among the oil ministers of its Member Countries
    • one of the principal goals is the determination of the best means for safeguarding the cartel's interests, individually and collectively
    • also pursues ways and means of ensuring the stabilization of prices in international oil markets with a view to eliminating harmful and unnecessary fluctuations; giving due regard at all times to the interests of the producing nations and to the necessity of securing a steady income to the producing countries; an efficient and regular supply of petroleum to consuming nations, and a fair return on their capital to those investing in the petroleum industry
  4. The Energy Crisis 1970's
    a period in which the major industrial countries of the world, particularly the United States, faced substantial shortages, both perceived and real, of petroleum. The two worst crises of this period were the 1973 oil crisis, caused by the Arab Oil Embargo of OAPEC, and the 1979 energy crisis, caused by the Iranian Revolution
  5. Iran Hostage Crisis 1979
    • November 4
    • Iranian militants went into the U.S. embassy and took ~70 Americans captive
    • Terrorist act for Jimmy Carter presidency and lasted 444 days
    • Carter didn�t care about himself b/c he valued the lives of the hostages more than anything
    • Carters action brought freedom for the hostages w/America�s honor preserved
  6. Stagflation
    • refers to the situation when both the inflation rate and the unemployment rate are high
    • both inflation and economic stagnation occur simultaneously and no macroeconomic policy can address both of these problems at the same time
  7. Roe v. Wade 1973
    • a landmark decision by the United States Supreme Court on the issue of abortion
    • The Court held that a woman's right to an abortion is determined by the stage of pregnancy, and the state cannot prohibit abortion before viability
    • After viability, the state cannot prohibit abortion if abortion "is necessary, in appropriate medical judgment, for the preservation of the life or health of the mother" as defined in the companion case of Doe v. Bolton
    • The Court rested these conclusions on a constitutional right to privacy emanating from the Due Process Clause of the Fourteenth Amendment, also known as substantive due process
    • prompted a national debate that continues today, about issues including whether and to what extent abortion should be legal, who should decide the legality of abortion, what methods the Supreme Court should use in constitutional adjudication, and what the role should be of religious and moral views in the political sphere
  8. Three Mile Island 1979
    • March 28
    • a partial core meltdown in Unit 2 Dauphin
    • Own and operated by General Public Utilities and the Metropolitan Edison Co. County, Pennsylvania
    • some radioactive gas released by no injuries or adverse health effects from the accident
  9. The New Right
    • being opposed to the non-interventionism of the Old Right
    • The first New Right (1955�1964) was centered around the libertarians, traditionalists, and anti-communists at William F. Buckley's National Review
    • The first New Right embraced "fusionism" (classical liberal economics, traditional social values, and an ardent anti-communism)[6] and coalesced through grassroots organizing in the years preceding the 1964 presidential campaign of Barry Goldwater
    • The Goldwater campaign, though failing to unseat incumbent President Lyndon B. Johnson, galvanized the formation of a new political movement
    • The second New Right (1964-present) tended to focus on social issues and national sovereignty
Card Set
Week 16