Question

"In your opinion, did trickle-down economics help the United States economy recover from a dismal decade in the 1970s?"

Answer 1

Answer:

No

Explanation:

In simple words, the trickle down economics actually worsened the situations. The trickle-down hypothesis begins with a reduction in corporate income taxes as well as less regulations.

The administration collects more tax income as a consequence of the broader economic growth—enough to cover the cost of the initial tax reductions for the affluent and businesses.