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
Why is legal equality important to the free enterprise system?
andriy [413]
All people have the same legal rights.
4 0
3 years ago
Read 2 more answers
Which statement accurately describes Abraham Lincoln's view of slavery when he was first elected president? A. He would allow sl
o-na [289]
"<span>D. He would allow slavery to continue in the South to prevent a war" is the correct answer, since Lincoln's main objective was preserving the Union. He greatly disliked slavery, however.</span>
6 0
2 years ago
Read 2 more answers
How did the house un-American activities committee (HUAC) affect Hollywood
AlladinOne [14]

Answer:

In 1947, the committee held nine days of hearings into alleged communist propaganda and influence in the Hollywood motion picture industry. After conviction on contempt of Congress charges for refusal to answer some questions posed by committee members, "The Hollywood Ten" were blacklisted by the industry.

5 0
2 years ago
Why do people study philosophy?
Svetlanka [38]

Answer:

The reason to study philosophy is that it is of enormous and enduring interest.

3 0
2 years ago
During the Roaring Twenties, American farmers
Neporo4naja [7]
During the Roaring Twenties, American farmers "produced crops despite falling prices." This ability cam to an end however when the Great Depression hit in 1929, when prices fell even further. <span>
</span>
8 0
3 years ago
Read 2 more answers
Other questions:
  • The British and French realized that appeasement had failed when Hitler:
    7·2 answers
  • "the terrorists who attacked the world trade center and the pentagon on 9/11 were members of ____, a group led by osama bin lade
    9·1 answer
  • The 18th amendment was not very popular in milwaukee. can you think of a possible reason why
    15·1 answer
  • What document gave only parliament power to tax
    12·1 answer
  • The framers drew on the ideas of the british political philosophers _______________ in perceiving the relationship between gover
    14·1 answer
  • I NEED HELP!!!!!!!!!!!!!!!!!!!!!
    14·1 answer
  • 40 Points if you help me out​
    6·1 answer
  • What distinguishes a theocracy from a monarchy?
    13·2 answers
  • The Spanish became more interested in East Texas after what?
    13·1 answer
  • Which historical event illustrates the effects of supply and demand on business, industry, or agriculture?
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!