President Ronald Reagan introduced "Reaganomics" which was primarily aimed at cutting taxes for small businesses.
<h3>What is Reaganomics ?</h3>
President Ronald Reagan introduced Reaganomics which is a term used to define president Reagan's economic policies.
Reaganomics involved tax cuts, decreased social spending, increased military spending, and market deregulation.
This economic policies led to increment in tax revenues, and a great decrease in inflation.
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