Supply-side economics is a theory that argues that economic growth can be stimulated by reducing taxes and regulations, thereby increasing the incentive for businesses to invest and create jobs.

The Economic Recovery Tax Act of 1981 was a major tax cut plan that reduced individual and corporate income tax rates.

The Paperwork Reduction Act of 1980 was a law that required federal agencies to reduce the amount of paperwork they required from businesses and individuals.

The Strategic Defense Initiative was a program to develop a missile defense system that would protect the United States from nuclear attack.

The Reagan Doctrine was a policy of providing military and economic aid to anti-communist movements around the world.

Robert Bork was a conservative judge who was nominated to the Supreme Court by Reagan in 1987, but was rejected by the Senate.

The Iran-Contra Affair was a scandal in which Reagan administration officials sold arms to Iran in exchange for the release of American hostages, and then used the proceeds to fund the Contras, a rebel group fighting the communist government of Nicaragua.

The Reagan Recession was a period of economic decline that occurred in the United States from 1981 to 1982.

The Reagan Recovery was a period of economic growth that occurred in the United States from 1983 to 1989.

The Black Monday Crash was a stock market crash that occurred on October 19, 1987, and was the largest one-day decline in the history of the Dow Jones Industrial Average.

The Intermediate-Range Nuclear Forces Treaty was a treaty that required the United States and the Soviet Union to destroy all of their intermediate-range nuclear missiles.

The Reykjavik Summit was a summit meeting between Reagan and Gorbachev that was held in Reykjavik, Iceland, in 1986.

The Berlin Speech was a speech that Reagan gave in Berlin in 1987, in which he called on Gorbachev to tear down the Berlin Wall.

Boris Yeltsin was the Soviet leader who succeeded Gorbachev in 1989.

George H. W. Bush was the American president who succeeded Reagan in 1989.