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help reduce cost for industries is my guess

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12y ago

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Related Questions

Which policy was Reagan most in favor of?

deregulation of industry


Was Ronald Reagan the first president to implement a major program of deregulation in America?

false


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 agency did Reagan supporters push for deregulation?

Reagan supporters pushed for deregulation at the Federal Communications Commission (FCC) and the Environmental Protection Agency (EPA), among others. They aimed to reduce government intervention in various sectors, promoting free-market principles and allowing for increased competition. This push for deregulation was part of a broader effort to stimulate economic growth and reduce the size of government.


Which president believed in the principle of trickle down economics?

Ronald Reagan believed in the principle of trickle down economics.


What was one action Reagan took to achieve government deregulation?

One significant action Ronald Reagan took to achieve government deregulation was the appointment of deregulation advocates to key positions within his administration, including the Federal Trade Commission and the Environmental Protection Agency. He emphasized reducing government controls and regulations across various industries, notably in transportation and telecommunications. This led to the deregulation of the airline industry in 1978 and the telecommunications sector in the early 1980s, fostering competition and reducing prices for consumers.


Many feel that Reagan's deregulation of consumer and environmental programs resulted in?

unsafe working conditions and more air pollution


Which of President Reagan's economic policies may have contributed to the Savings and Loan Crisis?

the deregulation of government banking controls gradpoint


Which president believed in the trickle down economics?

Ronald Reagan


Why did Reagan cut government programs?

Reagan cut government programs primarily to reduce the size of government and promote free-market principles. His administration aimed to decrease federal spending, lower taxes, and stimulate economic growth through deregulation. Reagan believed that reducing government intervention would empower individuals and businesses, ultimately leading to a more prosperous economy. These cuts were part of his broader strategy, known as "Reaganomics," to combat inflation and stimulate job creation.


It is believed that George Bush won the election to carry on with whose policies?

It is believed the George H.W. Bush won the election to continue the policies of Ronald Reagan. His popularity was solidified by his Vice Presidency under Reagan.


Why was Ronald Reagan a good laissez faire leader?

Ronald Reagan was considered a good laissez-faire leader due to his strong commitment to reducing government intervention in the economy. He advocated for lower taxes, deregulation, and free-market policies, which he believed would stimulate growth and innovation. Reagan’s administration implemented significant tax cuts and scaled back regulations, leading to an economic expansion often referred to as the "Reagan Boom." His emphasis on individual entrepreneurship and limited government also resonated with many Americans who sought greater economic freedom.