Answer:
Reaganomics promised to slash government spending and taxes to end stagflation and the 1980 recession. It worked, but at a cost. Real GDP grew over one-third during Reagan's presidency, an over $2 trillion increase. The compound annual growth rate of GDP was 3.6% during Reagan's eight years, compared to 2.7% during the preceding eight years;
Explanation:
Answer:
His steel empire produced the raw materials that built the physical infrastructure of the United States. He was a catalyst in America's participation in the Industrial Revolution, as he produced the steel to make machinery and transportation possible throughout the nation.
To trade with the west indies, new england and africa
