CHAPTER 30 SECTION 1

FASHION

• Bellbottom pants
• Colorful patches
• Clogs
• Platform/earth shoes

MUSIC

• Fleetwood Mac "Go Your Own Way"
• The Clash "London Calling"
• Bruce Springsteen "Born to Run"
• The Clash "Should I Stay or Should I Go"
• Michael Jackson "Don't Stop 'Til You Get Enough"

CARS

• Porsche 911
• Dodge Charger
• Ferrari Daytona
• Ford Mustang Mach 1
• Nissan Skyline C110

Stagflation
•Economic condition of combined stagnant economic growth ang high inflation

OPEC
•Organization of Petroleum Exporting Countries

Realpolitik
•The German meaning "actual politics"

SALT
•Strategic Arms Limitation Talks
•Détente: less hostile relations

WATERGATE

• June 17, 1972
• 5 men arrested
• Broke into the Democratic National Committee's offices
• Watergate Hotel, Washington D.C.

WATERGATE (CONTINUED)

• Nixon denied that anyone in his admin. was involved
• Minor break-in turned into a massive political scandal
• There were series of articles in "Washington Post"

WATERGATE (CONTINUED)

• Woodward was called in to investigate
• He wrote stories about the break-in
• Reaveled the CRP had hidden illegal campaign contributions
• False rumors about Democratic canidates
• Presented the White House was trying to cover up the facts

NIXON RESIGNS

• The House Judiciary Committee recommended impeachment
• July 27, 1974
• Charged Nixon with obstruction of justice

NIXON RESIGNS (CONTINUED)

• Nixon became the 1st president to resign from office
• Many Americans lost faith in government officials

GERALD FORD

• Became the 1st modern president to hold the office without being elected
• Created a pardon, freedom from punishment
• Declared it was best for the nation that Nixon not be tried for his crime
• He kept oil prices and unemployment rate high
• Stagflation continued