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What is meant by the term “Nixonomics,” including wage and price controls?

What is meant by the term “Nixonomics,” including wage and price controls?

What is meant by the term “Nixonomics,” including wage and price controls?

HIS-450 Topic 6 Worksheet

The 1970s: Prelude to Conservatism

Instructions: In 200-300 words, respond to the following prompts. Each prompt should be supported with research.

1. What is meant by the term “Nixonomics,” including wage and price controls? What was the overall effect of Nixon’s economic policies on the United States? Explain.

2. What was “Watergate” and how did it affect U.S. politics? Explain.

3. Describe Nixon’s China Policy. What was its significance to the Cold War?

4. What was the energy crisis? How did it come about and what was the U.S. response to it? Discuss.

5. What was the Iranian Hostage crisis? How did this crisis reveal the foreign policy weakness of the Carter administration? Describe the circumstances surrounding the release of the hostages. What are some possible lessons that the United States could learn from this experience? Explain.

References:

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