<span>Reaganomics was the name for Ronald Reagan's economic system used during his presidency, Trickle down economics is a capitalistic term used to describe the flow of income going down from workers at the top of a corporation streaming down to the bottom, and the Strategic Initiative is a broad term intended to achieve a goal either with an idea or a person in a certain position of power. The answer is Stagflation.</span>
The Selective Service Act or Selective Draft Act authorized the federal government to raise a national army for the American entry into World War I through the compulsory<span> enlistment of people</span>
The traumatic era transformed American society in relation to the social effects of unemployment, living conditions, education, health, the quality of life and the impact and social effects on individuals and their families. The economic decline was triggered by the Wall Street Crash on October 29, 1929.
A Precarious peace was the USA having a modest army meaning avoiding involvement abroad.