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.
Answer:to become apart of the union again
Explanation:
Answer:
government makes all production decisions-C
government controls wages-C
government owns all natural and capital resources--C
government owns some, but not all, heavy industries-S
supply and demand helps to control prices-S
Explanation:
In a communist country Wages, Businesses, and Natural resources are all property of the government. For example in the Soviet Union you arent allowed to be richer then others unless your a member of the Communist party of the Soviet Union. Also wages were also controlled by the USSR Government in the times from 1922 to 1991
A vote in the continental congress. ;0
