Question

What was ronald reagan’s basic belief about economic growth? he thought greater government involvement in business would fix the nation’s economic problems. he felt that more regulations would help to create more jobs. he believed that decreasing government spending would eventually lead to economic growth. he thought that higher taxes would provide incentives for growth.

Answer 1

Ronald reagan believed that decreasing government spending would eventually lead to economic growth.

What was ronald reagan’s basic belief about economic growth?

• The four pillars of Reagan's economic policy were to reduce the growth of government spending.
• This policy should lessen the federal income tax and capital gains tax, decrease government regulation, and tighten the money supply in order to reduce inflation.

So we can conclude that decreasing government spending would eventually lead to economic growth is the right answer.

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Answer 2

Answer:

(C) He believed that decreasing government spending would eventually lead to economic growth.

Explanation: