1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Volgvan
3 years ago
8

What was reaganomics, and what policies were championed by reagan and passed by congress in support of it? what other actions di

d reagan take to forward this economic agenda? what was "supply side economics" and how did it conflict with liberal economic philosophy of the time?
History
1 answer:
goldfiish [28.3K]3 years ago
5 0
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.
You might be interested in
What do you know about the Great Depression? (In bullet points)
Mekhanik [1.2K]

.The Great Depression started on Wall Street

.Herbert Hoover was president during the start of the Great Depression

.The peak of the Great Depression was during 1932 to 1933

.The Great Depression caused social upheaval and political unrest

.Trade policies made the Great Depression worse

.The Dust Bowl occurred during the Great Depression

.Crime increased during the Great Depression

.Franklin D. Roosevelt became president during the Great Depression and took immediate action to try to stabilize the country

.The Great Depression had global impacts

.World War II effectively ended the Great Depression

4 0
3 years ago
Read 2 more answers
How did the fighting in iwo jima and okinawa affect the allies' pacific strategy? by causing the soviet union to send troops to
monitta
<span> by influencing president truman's decision to drop the atomic bomb on japan

The comparatively high losses on Iwo Jima and Okinawa lead many U.S military leaders to believe a invasion of mainland Japan would cost (depending on the estimate) upwards of 250,000 American lives, with some estimates going over one Million. This influenced Truman's decision to drop the atomic bombs in the interest of a Japanese surrender without a invasion, but also halting the Soviet advance into manchuria. </span>
7 0
3 years ago
Why was Charleston an important city to the South?
insens350 [35]
Charleston was an incredibly important city in the South because of its location--it was located on a prime piece of coast line that made importing and exporting goods relatively fast and easy. 
3 0
3 years ago
There should be no minimum voting age.
aliina [53]
That statement IS arguable because not everyone would agree and also NOT defensible since theres no proof to back it up with, so the answer would be (D) 
4 0
2 years ago
Read 2 more answers
Gymnosperms reproduce using seeds, but angiosperms do not. true or false?
Kipish [7]
This is definitely false. Gymnosperms do use seeds but are exposed like the pine cones of pines. Angiosperms still have seeds, however, they flower or fruit (which can are seeds).
7 0
2 years ago
Read 2 more answers
Other questions:
  • (consider this) in 2008 and 2009, the united states experienced what has come to be known as the: great depression. great recess
    5·1 answer
  • What was the purpose of laws such as literacy tests and poll taxes enacted in the South in the late 1800s?
    6·1 answer
  • which of the following would be considered an example of a primary aim of geography? A- identifying the major rivers of the Unit
    12·1 answer
  • How does thoreau's description of the wind convey the transcendentalist belief?
    6·1 answer
  • On average, how many people worked in the world trade center (wtc) before september 2001?
    13·1 answer
  • To which side did each of these advantages
    7·2 answers
  • What did the Anti-Federalists fear would happen if the federal government gained too much power under the Constitution? OA. The
    11·1 answer
  • What did the Ku Klux Klan support and want?
    11·1 answer
  • You saw that some words were on the portrait. How did you interpret the words on the painting? How is interpreting words on an i
    14·1 answer
  • What long-term impact is the development of the power loom have on Great Britain
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!