The value and morals of the Babylonians were based on the Hammurabi Code.I this code, a person that broke the law will be subjected to the punishment that is equal to the crime i.e eye for an eye.
Reaganomics is the economic philosophy of Ronald Reagan that called for less federal government involvement in the economy and less regulation of businesses and corporations. This philosophy was also based around lowering the tax rate and the idea of supply side economics.
Supply side economics focused on the trickle down theory. This idea was that if corporations received tax breaks, they would use this money to hire/pay their workers. In turn, these workers would be able to spend money on goods within the economy. This would keep the economy going strong.
Congress supported these ideas by lowering the federal tax rate and putting less restrictions on businesses and corporations.
Win for taxation policies--loss on reversing social welfare programs.
Reagan was able to reverse taxation and provide breaks for the upper classes to stimulate job growth and wages. However, programs like Social Security, Medicare and Medicaid were so heavily used he was not able to get rid of those programs.
Reagan wanted to return to a country with free trade, laissez-faire policies, and limited government influence in the economy. However, some of the New Deal and Great Society programs had become widely used especially by the ever growing elderly population. Reagan was not able to stop these programs without major repercussions to his elderly base.<span />
I believe that is called archipelago
Tons of racial violence went on during the 20th century, including but not limited to lynching, rioting, looting, and even killing. The early 20th century was known for its segregation and racial violence.
