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maks197457 [2]
2 years ago
14

What was the financial plan the Ronald Reagan came up with in the early 80's?

History
1 answer:
JulijaS [17]2 years ago
3 0
Reganomics refers to the economic policies US President Ronald Regan promoted during the 1980's. These policies were made to reduce the growth of government spending, reduce the federal income tax and capital gains tax, reduce government regulation and tighten the money supply in order to reduce inflation.<span />
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<em>Options A, B or C cannot be correct because in all of them the decision-making is performed by a body or an institution constituted by representatives that have been elected by citizens: the Congress, the town hall or the President. </em>

Nowadays, most democracies in the world are representative democracies were citizens whose representatives through suffrage, in opposition to direct democracies.

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