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when a nation buys more goods or services from foreign countries than it sells to them - the US has had a trade deficit since 1976 |
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Organization of Oil Exporting Countries - mostly Arab Muslim countries who used the sale of their oil to the U.S. as an economic weapon in 1973 to protest the U.S. support of Israel during the 1973 war between the Israelites and their Arab neighbors - caused the energy crisis in the 1970's |
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the area between the city and the country which grew rapidly in the 1950's with the families of the baby boomers buying houses - the car & highways became even more important |
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Environmental Protection Agency - a federal agency set up by Congress which was designed to protect the environment from such threats as pollution |
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a political scandal that led to the resignation of President Nixon in 1974 |
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actions such as boycotts, taken against a country in hope of bringing about a change in its policy often used by the UN |
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1986 the space Shuttle exploded minutes after taking off - all the astronauts were killed - flights resumed a year later after an investigation |
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Balanced Budget Amendment |
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many people want an amendment added to the Constitution that would require the government to limit its spending to the income it receives from taxes and to eliminate deficit spending |
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North American Free Trade Agreement ratified by Congress in 1993 designed to slowly do away with trade barriers between the US, Canada & Mexico |
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Results of the Persian Gulf War |
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Kuwait liberated, Iraq subjected to inspections for chemical and biological weapons by UN inspectors |
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