The policy of Reaganomics was based on "supply side" economics (which is often criticized as the "trickle down" strategy) to build economic growth. President Ronald Reagan championed across-the-board tax reduction and cutbacks in spending for social programs such as job education and welfare. The intent of the tax cuts was to leave capital in the private sector where it could be re-invested, rather than being acquired and used by the federal government. The net increase in economic activity would eventually generate tax revenue to compensate for the cuts.
The reactions to this idea are almost always subjective. Many critics decry the reduction in taxes for the richest Americans, who showed significant gains in wealth and hence political power. Supporters of the concept say it is based on the principles of free enterprise, rather than inefficient government involvement through higher taxes, subsidies, and public spending. The support for Reaganomics was divided substantially along the lines of the two major political parties. And as with most governmental policies, it had mixed results for the US economy.
Deregulate industries(apex) deregulate industry
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Which of these was a lasting effect of the stock market crash
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The country entered a depression.
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What played a part in US economic growth in the 1950s
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U.S. factory production catalyzed by WWII played a part in US
economic growth in the 1950s.
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A third-generation American can be best described as someone
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A third-generation American can best be described as someone
whose grandparents came from another country.
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Which president began major work on the national highway system
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Dwight Eisenhower
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Which president believed in the principle of trickle down economics
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Ronald Reagan believed in the principle of trickle down
economics.
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What was not a potential problem of using more nuclear energy
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the cost of nuclear fuel was low - Apex
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During The 1920s Republicans Supported Policies That
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During the 1920s republicans supported policies that generally gave corporations free rein, raised protective tariffs, and cut taxes for the rich.
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Which of the following is a conservative value
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Expanding government protection for the unemployed.
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Which of the following is not an issue that President Obama has tried to correct
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War in Vietnam APEX
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What did Reaganomics do
The policy of Reaganomics was based on "supply side" economics (which is often criticized as the "trickle down" strategy) to build economic growth. President Ronald Reagan championed across-the-board tax reduction and cutbacks in spending for social programs such as job education and welfare. The intent of the tax cuts was to leave capital in the private sector where it could be re-invested, rather than being acquired and used by the federal government. The net increase in economic activity would eventually generate tax revenue to compensate for the cuts.
The reactions to this idea are almost always subjective. Many critics decry the reduction in taxes for the richest Americans, who showed significant gains in wealth and hence political power. Supporters of the concept say it is based on the principles of free enterprise, rather than inefficient government involvement through higher taxes, subsidies, and public spending. The support for Reaganomics was divided substantially along the lines of the two major political parties. And as with most governmental policies, it had mixed results for the US economy.
Deregulate industries(apex) deregulate industry
Which of these was a lasting effect of the stock market crash
The country entered a depression.
What played a part in US economic growth in the 1950s
U.S. factory production catalyzed by WWII played a part in US
economic growth in the 1950s.
A third-generation American can be best described as someone
A third-generation American can best be described as someone
whose grandparents came from another country.
Which president began major work on the national highway system
Dwight Eisenhower
Which president believed in the principle of trickle down economics
Ronald Reagan believed in the principle of trickle down
economics.
What was not a potential problem of using more nuclear energy
the cost of nuclear fuel was low - Apex
During The 1920s Republicans Supported Policies That
During the 1920s republicans supported policies that generally gave corporations free rein, raised protective tariffs, and cut taxes for the rich.
Which of the following is a conservative value
Expanding government protection for the unemployed.
Which of the following is not an issue that President Obama has tried to correct