Wealth will "trickle down" from the top earners to the rest of the people. Additionally, Reaganomics was known as "Voodoo economics" as it expected some sort of magical force to spread wealth from those who have it, to those who don't.
Are you in IB....
Some have criticized elements of Reaganomics on the basis of equity.
The main idea of Reaganomics was to promote economic growth by reducing government intervention in the economy, cutting taxes, and deregulating industries. It aimed to stimulate investment, boost productivity, and create jobs by increasing incentives for businesses and individuals to invest and spend.
Reaganomics was the name given to Reagan's idea that revenue would be increased if taxes were lowered so that people had more more to spend, thus stimulating the economy.
Reaganomics
major component of venus is the volcanoes and etc
Hydrogen is the major component of Jupiter's atmoshere
Reaganomics emphasized:reduce the federal income tax and capital gains tax
The major component of NaCl is chlorine: 60, 334 %.
Reaganomics.
The major component of Neptune is Methane because of its red spots it creates
The major component of Venus' atmosphere is carbon dioxide.