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mote1985 [20]
3 years ago
12

What were the major problems of the economy when Ronald Reagan was elected in 1980?

History
1 answer:
romanna [79]3 years ago
7 0

Answer:

at the time of his election, Ronald Reagan felt that the problems the United States was experiencing were the result of excessive government spending.The economic situation at the beginning of Ronald Reagan's first term in which unemployment and inflation were both high was referred to as

stagflation

Explanation:

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