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
Qhy does one party rule matter to totalitarian states
12345 [234]

The totalitarian states usually don't allow any opposition parties to exist. If some people try to form a party, they usually end up in prison, are banished from the nation, or even murdered.

The reason why the totalitarian rulers prefer a one party system is in order to have all the power in the country, without having opposition that will constantly go public about the terrors and injustices that are happening. If there are more parties, than the people will start to support them, especially cause rarely who likes to live under a totalitarian ruler, thus the totalitarian ruler will face a situation where he/she will lose its power.

3 0
3 years ago
Seventeenth-century constitutional monarchies were characterized by all of the following EXCEPT
GenaCL600 [577]
B, because they didn't have the same kings and queens, so they don't have the same authority as each other.
7 0
3 years ago
What did ceasar do in regard to large pand holding
Fiesta28 [93]

Answer:

what Ceasar did in regard to large land holding is

Explanation:

He divided the land for the poor.

He passed a law for employment of Citizens.

He passed a law to protect the land owners.  

He gave the land to the free citizens

3 0
3 years ago
Read 2 more answers
Congress may make laws that are necessary and proper because of the situation. In which clause of the Constitution would you fin
jek_recluse [69]

Answer:

Elastic clause

Explanation:

the elastic clause is a statement in the U.S. Constitution (Article I, Section 8) granting Congress the power to pass all laws necessary and proper for carrying out the enumerated list of powers.

8 0
2 years ago
How did agriculture change the lives of early people?
astraxan [27]
Before farming, people lived by hunting wild animals and gathering wild plants. When supplies ran out, these hunter-gatherers moved on. Farming meant that people did not need to travel to find food. Instead, they began to live in settled communities, and grew crops or raised animals on nearby land.
4 0
3 years ago
Other questions:
  • How is Bryan’s story about hogs related to the idea of government regulation of trusts?
    5·2 answers
  • What were the first two battles of the American Revolution and in what colony did they occur?​
    5·1 answer
  • How did the Reign of Terror change France?
    9·1 answer
  • What did Eleanor Roosevelt do of particular significance several years after the war ended? a. She chaired the committee that dr
    8·1 answer
  • The Chinese civilization began between two major rivers, the Huang He (aka the Yellow River) and the _______________? A Indus Va
    11·1 answer
  • Why was the Code of Laws carved into a large stone slab where everyone could see it
    7·1 answer
  • Which of the following behaviors preceded the Salem Witch Trials?
    14·1 answer
  • Briefly describe the case of cooper v. harris​
    11·1 answer
  • NEED ANSWER NOW!!!!
    15·1 answer
  • Give someone five points to tell me good anime's on netfilx or hulu
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!