Jimmy Carter (1977-1981)
39th President [Democrat]
Rising Inflation
- Ate away at peoples savings
- Raised prices of necessities
- US automobile industry lost economic power to Japanese companies due to more reasonable prices
- Carter responded by implementing several domestic policies
- Nominated Paul Volcker to head the Federal Reserve Board
- Raised interest rates eventually bringing an end to inflation
Oil Crisis & Soviet Invasion of Afghanistan
Oil Crisis
In November 1979 Carter halts oil imports and freezes Iranian assets in the United States because militant students take 66 Americans hostage.
The US automobile fell to Japanese car companies due to fuel-efficiency
A gallon of gas tripled by the end of the decade.
Fuel shortages caused factory closings and business losses.
Soviet Invasion of Afganistan
invaded Afghanistan to prop up a tottering communist government
Carter reacted by withdrawing the SALT II treaty from Senate consideration and by imposing sanctions on the Soviets which the sanctions included a U.S boycott of the 1980 Summer Olympic Games
Significant Events!!
Oil Crisis 1979
Iranian Hostage Crisis
Soviet Invasion in Afganistan
Iranian Hostage Crisis Video
Why he only served one term.
Persistent inflation, Iran Hostage crisis,and Soviet Union invasion of Afghanistan made it easy for Reagan beat Carter
race remained relatively close until about one week before the election
Reagan appeared friendly and even-tempered
He calmed fears that he did not have enough experience to serve as President
Reagan won 50.6 % of popular vote
won an overwhelming majority of electoral college votes
Democrats maintained control of the House of Representatives, republicans captured the US Senate for the first time since 1955
Camp David Accords
- Egypt had opposed Israel's existence since being found in 1948
- Egypt and Syria had attached Israel
- Eager to improve relations, Anwar el-Sadat (Egypt's President) and Menachem Begin (Israeli prime minister) met in Jerusalem to negotiate a peace agreement.
- Carter invites them to Camp David (presidents retreat)
- Three weeks the leaders carried on the difficult negotiation
- Becomes known as the Camp David Accords
- Provided the framework for a peace treaty
- Egypt would formally recognize the nation of Israel
- Israel withdrew its troops from Sinai Penisula
Iranian Hostage Crisis
January 1979: The Iranian Revolution forces the Shah {emperor} on to exile.
February 1979: Ayatollah Khomeini returns to Iran after 15 years in exile.
April 1979: Khomeini takes power.
November 1979: Militant students take 66 Americans hostage. Carter halts oil imports and freezes Iranian assets in the United states.
April 1980: Carter severs diplomatic relations with Iran and imposes an economic embargo. A military mission to free the hostages ends in disaster.
January 1981: On the day of Reagan's inauguration, the hostages are released in exchange for $8 billion in frozen assets and a promise to lift trade sanctions against Iran.
Kristen Nygaard, Cailynn Miller,Hannah Bradley, and Andrew Place
Email: kristen_nygaard@kcsdschools.org
Website: http://lhs.kcsdschools.com/
Location: Lugoff-Elgin High School, 1284 U.S. Hwy 1, Lugoff, SC, United States
Phone: (803) 438-3481
Work Cited
1057-1058
1066-1057
1064
1066 & 1067
1080