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Viefleur [7K]
3 years ago
6

What were 4 results of Reagan's policies????

History
1 answer:
photoshop1234 [79]3 years ago
5 0

Answer:

Reagan inherited an economy mired in stagflation. It's a combination of double-digit economic contraction with double-digit inflation. To combat the recession, Reagan aggressively cut income taxes from 70 percent to 28 percent for the top tax bracket. He cut the corporate tax rate from 48 percent to 34 percent. He promised to slow the growth of government spending and to deregulate business industries.

Explanation:

hope this helps

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What are some reasons that government corruption occurs? did any aspects of the harding administration contribute to the scandal
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With regards to the Harding Administration, domestic policy was very similar to the domestic policies of the current administration. Harding did not indulge in nepotism but in cronyism, which is sort of “<u>nepotism for friends</u>”.  As a business man in Ohio he had built an extensive network of friends within his own company and other companies. This allowed him to organize with them to further their own interests. The fact that he controlled a journal was also part of the issue as he used his journal to shape public opinion at the state and local level. When he became president of the USA, he brought with him many friends that he appointed in several positions of power in the federal government and his cabinet. Some of them turned out to be quite efficient and respected but many others were quite mediocre and belonged to Harding’s business circles back in Ohio. The best example of this is the Teapot Dome Scandal. Where members of his cabinet were Harding’s Secretary of the Interior Albert Bacon Fall was convicted of taking bribery from oil companies yet no oil company executive was ever convicted for the bribery. This person was part of what was then called The Ohio Gang.


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