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Name: ___________________________________________________________________________
American Nation pages 883-885
Period: ______
President Nixon and later presidents had to deal with inflation and stagflation. Use the index to define
1. Inflation ____________________________________________________________________________________
2. Stagflation: __________________________________________________________________________________
The Arab-Israeli Conflict
Why did Jews settle in Palestine?
__________________________________________________________
How did the creation of Israel in 1948 effect the relationship between
Jews and Arabs?
__________________________________________________________
__________________________________________________________
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What does OPEC stand for and why did the cut off oil shipments?
__________________________________________________________
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How does the cartoon above view the relationship between Arab oil and Western Economic Powers?
__________________________________________________________________________________________________
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What were the Camp David Accords?
__________________________________________________________________________________________________
__________________________________________________________________________________________________
Why did President George Bush send U.S. troops to Kuwait and Saudi Arabia?
__________________________________________________________________________________________________
__________________________________________________________________________________________________
What was the result of the Persian Gulf War?
__________________________________________________________________________________________________
__________________________________________________________________________________________________
American Nation Pages 888-889
How did the changes in the Japanese economy affect the world?
__________________________________________________________________________________________________
__________________________________________________________________________________________________
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What is a “global economy”? (This isn’t necessarily defined in your book)
__________________________________________________________________________________________________
__________________________________________________________________________________________________
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How did competition in international trade affect the United States?
__________________________________________________________________________________________________
__________________________________________________________________________________________________
What is a trade deficit and how did the United States develop a trade deficit?
__________________________________________________________________________________________________
__________________________________________________________________________________________________
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What is the main goal of NAFTA?
__________________________________________________________________________________________________
__________________________________________________________________________________________________
What are the two opinions about NAFTA?
1. ___________________________________________________________________________________________
___________________________________________________________________________________________
2. ___________________________________________________________________________________________
___________________________________________________________________________________________