There are many policies that revolve around Reagonomics. One of the basic principles is trickle down economics. This is the idea when there is more money at the top, the money will flow down to people at the bottom.
Ronald Reagan's economic policies were labeled "Reaganomics." Reaganomics is the idea of controlled government spending and the lowering of taxes of people of all economic brackets to cause the multiplier effect and generate economic activity.
These were not the intentions of Reaganomics (and the majority of these are fiction-answers):take money from the rich via taxes to give to the poor;increase the National Debt;choke off economic growth;create historically high and persistent unemployment;raise minimum wage, promote hiring of unskilled workers, and give everyone a bar of gold from the US Federal Reserve:The 3 answers in bold are definitely discussed about Reaganomics.
Increased inflatation
"Reaganomics," in simplistic terms, meant lower taxes on businesses and rich people so that, in theory, the economy would be stimulated and more jobs would be created for middle class and poor people, who would then have more money to spend on commercial goods and housing. Reaganomics is controversial, but many economists today argue that it did not have the desired effects and actually put a lot of pressure on the economy overall, making things worse for everyone except the rich.
The term was Reaganomics. :)
to increase regulation
Reaganomics
reaganomics
Reaganomics
Reaganomics
Some have criticized elements of Reaganomics on the basis of equity.
Some economists and critics have blamed the widening gap between the rich and the poor on Reaganomics. His tax cuts and other policies gave additional money to the rich. He cut social programs, increasing the depth of poverty and promoted "Trickle Down Economics".
Ronald Reagan's economic policies were labeled "Reaganomics." Reaganomics is the idea of controlled government spending and the lowering of taxes of people of all economic brackets to cause the multiplier effect and generate economic activity.
When Ronald Reagan was first elected the us economy was facing stagflation. He came up with policies that saved the economy and these are policies that are commonly known as Reaganomics.
Reaganomics
Reaganomics. Illegal drugs.
These were not the intentions of Reaganomics (and the majority of these are fiction-answers):take money from the rich via taxes to give to the poor;increase the National Debt;choke off economic growth;create historically high and persistent unemployment;raise minimum wage, promote hiring of unskilled workers, and give everyone a bar of gold from the US Federal Reserve:The 3 answers in bold are definitely discussed about Reaganomics.