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:
Baseball player!
Explanation:
He is one of my favorite Baseball players in history along with Billy Martin, who played with him.
Cotton Production in Egypt was a very deciding factor in the growth and development of Egypt especially during the reign of Muhammed Ali (17 May 1805 – 2 March 1848)
After the defeat by Napoleon 1798, the British assisted the Ottoman forces who eventually drove the French out of Egypt.
Muhammed Ali was appointed the ruler and he tried in liberating Egypt from Ottoman Empire.
Among one of his strides in developing Egypt was the need to industrialize cotton production.
Factories were built which processed cotton into clothing—starting with the uniforms for the new Egypt military.
There was economic boom through cotton production although Egypt later declined in the economic part set up by Muhammed Ali.
Some of the factors responsible for the decline in cotton production in Egypt in 1880s are;
- Lack of effective rulers ( Muhammed's successors were members of his family some of which were not effective rulers).
- Environmental factor (Egypt lacked coal resources which Britain and Europe had)
- Strong competition ( big industrial countries such as Britain and France imposed tariffs on imported cloths. )
Learn more about cotton production at brainly.com/question/23568960
Answer:
because it doesn't last as long and it would prolly explode before that long of period of time was completed.
Explanation:
When there is a low demand for a product it will become produced less and less; but also depending on the nature of a product as some get thrown away and never to be used up again. Prices can again vary; either become hight or very low.
