1302-VideoLesson22Questions.html
- Why did the U.S. economy slump in the 1970s? Why was there an energy crisis? How was the economy affecting Americans?
- How did President Carter address economic issues? What successes did he have? What limited his success?
- What is the basic belief of those who support “trickle down” or “supply side” economics? How is this different from “bubble up” or Keynesian economics? How did the “Laffer Curve” justify tax cuts? What were the results of the tax cuts of the Reagan administration?
- What were the advantages and disadvantages of government deregulation of business in the 1980s? How id the savings and loan crisis of the 1980s relate to deregulation?
- How did Reagan deal with the air traffic controllers (PATCO) strike in 1981? Why did he take those actions? What were the results?
- Why did so many companies downsize and/or outsource in the 1980s and 1990s? How did this affect workers and communities?
- How did new technology affect work and the labor market? What is “de- industrialization?”
- How did women workers fare during this era? Why did a wage gap persist? What were the pros and cons of flexible work?
- By the end of the century, why did it appear that workers were less likely to rise above the economic class into which they were born?
- How did President George H. W. Bush and his administration approach economic issues? What were the results of their policies?
- Why did a “new wave” of the service economy emerge in the 1990s? How did this differ from earlier waves of service sector employment?
- How and why did the Internet change the U.S. and world economies in the 1990s?
- Why did a speculative bubble emerge around dot com stocks in the late 1990s? What caused the bubble to burst?
- What characterized the economic policies of the George W. Bush administration?
- In summary, what major changes took place in the U.S. economy during the last quarter of the 20th Century? Why did these changes occur? What was the state of the economy by 2000?
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