Question

What term did historians apply to Reagan’s efforts on the economic front?

Answer 1

The former US president, Ronald Reagan, formed the economic policies known as Reagonomics. Thus, the answer to this item is letter D. These policies are especially focused on the reduction of taxes and promotion of unrestricted activities in the free-market. 

Answer 2

The correct answer is D) Reaganomics.

Reagan's economic policies became known as Reaganomics. His beliefs and ideas for economic policies helped to shape the modern day Republican party. Reagan was in favor of

1) Supply Side economics.

2) De-regulation of American industry- This means he wanted less government involvement in the affairs of businesses.

3) Lower tax rates of business- Reagan felt that lower taxes would allow businesses to have more capital. Businesses then could use this capital to hire more workers or invest in their company so that it could grow.