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"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.
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What were Ronald Reagan's Economic policies?
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.
What was the result of the laissez-faire economic policies are by the federal government between the Civil War and 1990?
Laissez-faire economic policies Civil War and 1900 results was
Contractionary policies are?
fiscal policies, like lower spending and higher taxes, that reduce economic growth
What was an outcome of the laissez-faire economic policies?
Laissez-faire economic policies helped fuel the industrial revolution. Later these policies were changed for social reasons. Most of today's prosperous nations have a free market economy with government supervision.
Who were the worst sufferers of the british economic policies in India?
artisans
What state was president Ronald regean born in?
President Ronald Regan was born in the state of Illinois
Conservative southern democrats who supported reagan's economic policies in congress?
There were conservative southern democrats that supported Ronald Regan's economic policies in congress. These individuals were known as boll weevils.
What symbols are associated with Ronald Regean?
Two major symbols of the Ronald Reagan presidency remain today. One is his idea of 'trickle down economics' and the other is the Strategic Defense Initiative or Star Wars Defense.
What did Ronald Reagans economic policies do?
They increased defense spending and lowered taxes.
What were Ronald Reagan's Economic policies?
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.
Why did Ronald Regean like jelly belly's so much?
he gave up smoking and started to eat peanuts. then his dentist said to stop eating them and started to eat jellybellys
What was Ronald Reagens policies?
Reagenomics
Which of presidents Ronald Reagan's economic policies may have contributed to the savings and loan crisis?
the deregulation of government banking controls gradpoint
What describes Joseph Stalin's economic policies?
Joseph Stalin's economic policies included growth in industry with agricultural famine. His economic policies also included collective agriculture.
America vs Russia?
Well America and Russia did not become real enemies until after WWII. Since then, thanks to the foreign policies of Kissinger and Regean and others, are realationship has greatly improved; we are enemies no longer.
What were the similarities in the social and economic policies of Hitler and Mussolini?
they were hard working and tried to accomplish their economic policies
What was china's economic policies before the mongols arrived?
what was chinas economic policies before the mongols arrived
