In its simplest form, Reaganomics stated that if you put more money into the hands of consumers, they will it.

2 answers:

8 0

In its simplest form, Reaganomics stated that if you put more money into the hands of consumers, they will SPEND IT.

guajiro [1.7K]3 years ago

4 0

The answer is: Spend it

Reaganomics are sets of economic principles which popularized by Ronald Reagan during his presidency.

According to this principles, If people have more money in their disposal (which can happen if the government reduce income taxes), The consumers will most likelly will spend those money for consumption purpose. As an effect, businesses will thrive and the United States' economy will grow. Creating a more prosperous society.

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