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Conservationism
The 1980s. For many people in the United States, the late 1970s were a troubled and troubling time. ... In response, many Americans embraced a new conservatism in social, economic and political life during the 1980s, characterized by the policies of President Ronald Reagan -
Reaganomics
Reaganomics is a popular term used to refer to the economic policies of Ronald Reagan, the 40th U.S. president (1981–1989), which called for widespread tax cuts, decreased social spending, increased military spending and the deregulation of domestic markets. -
Iran Contra Affair
7 Americans are taken hostage in Lebanon by pro-Iranian terrorist groups; Reagan tells American companies not to sell weapons to Iran; Reagan administration violates this rule by selling weapons to Iran in exchange for the release of the hostages; money from the weapon sales is sent to American-supported contras in Nicaragua who are fighting against a communist government; breaks law and Reagan's staff members are indicted.