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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What event during the Carter administration stemmed from a revolution in the Middle East
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Iranian hostage crisis
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Why would feminists like the song Respect
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it represented their struggle for equality and freedom
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What happened to the economy during stagflation
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Higher rates of inflation, decrease in business productivity, high unemployment
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How did the French aid relations between the United states and China
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They passed messages on to China.
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What was an effect of United States actions in the yom kippur war
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Arab nations exporting oil began an embargo
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Richard Nixon built his career on
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working against communism. (Apex)
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Public opinion turned against the Central Intelligence Agency (CIA) as a result of evidence that it
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attempted to assassinate foreign leaders. - apex
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Which is true of televangelists
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Some became active in politics. (Apex)
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Which campaign tactic did Richard Nixon rely on the most when running for Congress
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Attacking Democratic politicians
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Which of these was a problem faced by the ford administration
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inflation-apex
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What was true about the career of Richard Nixon
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He took both liberal and conservative positions on issues. - Apex
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Which region of the united states was most associated with non-union labor a pro-business political atmosphere
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The South
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Cards in this guide (13)
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
What event during the Carter administration stemmed from a revolution in the Middle East
Iranian hostage crisis
Why would feminists like the song Respect
it represented their struggle for equality and freedom
What happened to the economy during stagflation
Higher rates of inflation, decrease in business productivity, high unemployment
How did the French aid relations between the United states and China
They passed messages on to China.
What was an effect of United States actions in the yom kippur war
Arab nations exporting oil began an embargo
Richard Nixon built his career on
working against communism. (Apex)
Public opinion turned against the Central Intelligence Agency (CIA) as a result of evidence that it
attempted to assassinate foreign leaders. - apex
Which is true of televangelists
Some became active in politics. (Apex)
Which campaign tactic did Richard Nixon rely on the most when running for Congress
Attacking Democratic politicians
Which of these was a problem faced by the ford administration
inflation-apex
What was true about the career of Richard Nixon
He took both liberal and conservative positions on issues. - Apex
Which region of the united states was most associated with non-union labor a pro-business political atmosphere