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Illusion [34]
2 years ago
8

The economic situation at the beginning of Ronald Reagan s first term in which unemployment and inflation were both high was ref

erred to as Reaganomics. trickle-down economics. the Strategic Initiative. stagflation.
History
2 answers:
kondor19780726 [428]2 years ago
8 0

Just got it on the test. It's D or, Stagflation.

AnnyKZ [126]2 years ago
4 0
<span>Reaganomics was the name for Ronald Reagan's economic system used during his presidency, Trickle down economics is a capitalistic term used to describe the flow of income going down from workers at the top of a corporation streaming down to the bottom, and the Strategic Initiative is a broad term intended to achieve a goal either with an idea or a person in a certain position of power. The answer is Stagflation.</span>
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pochemuha

Answer:

Monopolies are bad for the economy because lack of competition allows a few to set prices, stagnate competition.

Explanation:

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The rich had ready capital to either buy out smaller competitors or drive them out with undercut prices until the competitor failed, then prices to consumer went back up even higher.

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2 years ago
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Answer:

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For this reason, the printing press removed the monopoly on knowledge from religion, while increasing the ease of transmitting said knowledge, exponentially increasing the speed of human development.

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2 years ago
The high point of President Nixon's foreign policy efforts was
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3 years ago
According to the Declaration of Independence, when should the people have the right to change their government?
Alinara [238K]
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2 years ago
Read 2 more answers
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