2002 James Earl "Jimmy" Carter, Jr. (born October 1, 1924) served as the 39th President of the United States from 1977 to 1981 and was the recipient of the 2002 Nobel Peace Prize, the only U.S. President to have received the Prize after leaving office. Prior to becoming president, Carter served two terms in the Georgia Senate followed by the governorship of the state of Georgia, from 1971 to 1975,[1] and was a peanut farmer and naval officer.
As president, Carter created two new cabinet-level departments: the Department of Energy and the Department of Education. He established a national energy policy that included conservation, price control, and new technology. In foreign affairs, Carter pursued the Camp David Accords, the Panama Canal Treaties and the second round of Strategic Arms Limitation Talks (SALT II). Carter sought to put a stronger emphasis on human rights; he negotiated a peace treaty between Israel and Egypt in 1979. His return of the Panama Canal Zone to Panama was seen as a major concession of US influence in Latin America, and Carter came under heavy criticism for it. His term came during a period of persistent stagflation in a number of countries, including the United States, which significantly damaged his popularity. The final year of his presidential tenure was marked by several major crises, including the 1979 takeover of the American embassy in Iran and holding of hostages by Iranian students, an unsuccessful rescue attempt of the hostages, serious fuel shortages, and the Soviet invasion of Afghanistan. By 1980, Carter's disapproval ratings were significantly higher than his approval, and he was challenged by Ted Kennedy for the Democratic Party nomination in the 1980 election. Carter defeated Kennedy for the nomination, but lost the election to Republican Ronald Reagan