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Serjik [45]
4 years ago
13

According to trickle-down economics, which of the these increases economic growth?

History
1 answer:
Kamila [148]4 years ago
7 0

According to trickle-down economics, a decrease in taxes for investors  increases economic growth.

<u>Explanation</u>:

  • A decrease in taxes for investors is the reason for the increase in economic growth.
  • Trickle-down economics, also known as trickle-down theory, refers to the economic principle that taxes on corporations and the wealthiest in society should be lowered as a way of encouraging short-term corporate activity and long-term benefits for society at large.
  • Supporters of supply-side economic policies such as "Reaganomics" have used the concept in recent times.
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The ideas of the Enlightenment decreased the authority of the old institutions such as monarchy and the Church and set the playfield for the political revolutions of the 18th and 19th centuries. The greatest revolution symbolizing the ideas spread by the Enlighment was the French Revolution in 1789, which fostered sharp social, religious, political and econominal changes such as individual liberties and right, the division of powers or religious tolerance.

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