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Jimmy Carter

Jimmy Carter. Attempting to lead the US through both domestic & foreign crises. http://www.gonzo.org/books/rsm/covers.asp?ID=0. Economic Crisis of the 1970s. Economic Problems in the 1970s. CAUSES. Rising costs of raw materials & fossil fuels. Increased international competition.

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Jimmy Carter

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  1. Jimmy Carter Attempting to lead the US through both domestic & foreign crises. http://www.gonzo.org/books/rsm/covers.asp?ID=0

  2. Economic Crisis of the 1970s Economic Problems in the 1970s CAUSES Rising costs of raw materials & fossil fuels Increased international competition Insufficient training for new jobs Block, 1974. http://www.loc.gov/rr/print/swann/herblock/one.html

  3. Economic Crisis of the 1970s • OPEC • Fixed the petroleum prices • OPEC embargoed US b/c we supported Israel • There was a gas shortage! http://www.theindependentreviewssite.org/9_2000/9_00_rev_word.html

  4. OPEC: a history • Full name: Organization of Petroleum Exporting Countries • Originally developed in 1960 • Included by 1972: • Iran, Iraq, Kuwait, Saudi Arabia, Venezuela, Qatar, Indonesia, Socialist Peoples Libyan Arab Jamahiriya, United Arab Emirates, Algeria, Nigeria, Ecuador, Gabon http://www.opec.org/About_OPEC/History.htm

  5. Economic Crisis of the 1970s • Increased International Competition • Many factories closed • Growth in service industry • Stagflation • Slowing growth in the • economy & rising prices = Inflation + Stagnant Economy • Nixon tried to control inflation– cut spending & raise taxes

  6. Gerald Ford (R) & Bob Dole Increase defense spending Retention of Panama Canal Opposition to busing and abortion Jimmy Carter (D) & Walter Mondale Gained a wider support base! "I will never tell a lie to the American people" Election of 1976

  7. Others ran also… • Ronald Reagan of CA • George Wallace of AL • Robert Byrd of WV • Terry Sanford of NC What did they say?

  8. http://www.pbs.org/democracy/index.html

  9. First– increased govn’t spending & cut taxes Inflation surged! Then reduced money supply Didn’t work either War Against Consumption Created Department of Energy People weren’t cutting back Oil industry was over-regulated. Carter’s Economy Click for political cartoon link

  10. What does this cartoon by Herb Block suggest about the energy programs of the Carter Administration? • Answer on your paper.

  11. Carter’s Foreign Policy“Our commitment to human rights must be absolute…” • Resumed diplomatic relations with China • Transferred control on Panama Canal to Panamanians (effective 12-31-99) • Blamed Soviet leader from crimes against humanity • USSR invaded Afghanistan • Embargo on sale of wheat to USSR • Boycotted Summer Olympics in Moscow

  12. Carter’s Foreign PolicyThe Camp David Accords, September 17, 1978 • Signed by Anwar Sadat (Egyptian King) and Menachem Begin (Israeli Prime Minister) and was headed by Carter • Israel had to return the Sinai Peninsula • Egypt had to respect Israel's borders. The Sinai Peninsula

  13. Camp David Accords 1978 A peace treaty between Israel & Egypt Sinai to Egypt Iranian Hostages 1979 the Ayatollah took control of Iran Nov. ’79 revolutionaries took the US embassy under siege 444 days 52 Americans were held hostage Cost Carter his re-election Carter’s Foreign PolicyThe Middle East

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