Match each term with the correct definition/description. (10 points)
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a treaty that eliminated tariffs and trade restrictions among the Unites States, Canada and Mexico
a temporary economic decline in which business activity is reduced
a political scandal during Ronald Reagan's second term, involving the illegal sale of arms to pay for illegal military aid to the Contras, counterrevolutionaries who wanted to overthrow the government of Nicaragua
the process of bringing formal charges against an elected official for misconduct or crimes committed while in office
a proposal for the development of a defensive shield to protect the United States from a Soviet missile strike; also known as Star Wars
an economic policy based on the premise that if taxes are cut for the wealthy, they will be motivated to invest in businesses, factories and the stock market, which will create more jobs
a war waged during George H.W. Bush's presidency against Iraq
acts of terror committed by a person against his or her own country
a group of conservative Americans who opposed the social reforms and cultural changes of the 1960s and 1970s
a rise in prices that occurs when the availability of goods and services cannot keep up with an increase in the amount of money available
1. North American Free Trade Agreement (NAFTA)
2. Recession
3. Iran-Contra Affair
4. Impeachment
5. Strategic Defense Initiative (SDI)
6. Trickle-down economics
7. Gulf War
8. Domestic terrorism
9. Moral Majority
10. Inflation