Trickle-down economics, or “trickle-down theory,” states that tax breaks and benefits for corporations and the wealthy will trickle down to everyone else. It argues for income and capital gains tax breaks or other financial benefits to large businesses, investors, and entrepreneurs to stimulate economic growth. The argument hinges on two assumptions: All members of society benefit from growth, and growth is most likely to come from those with the resources and skills to increase productive output.
The Preamble is the opening statement to the United States Constitution. The preamble explains the reasons why the Framers of the Constitution made our government a republic. By doing this, the founding fathers replaced the Articles of Confederation
Recovering from the 1970s. The 1970s were known to be a time of malaise. This was where many American had wanted to return to the economic and social policies of the 1950s. Due to the inefficiencies of the Ford & Carter Administration to tackle High Inflation and The Oil Crisis. Reagan's Administration had brought and idea of "Making America Great Again" to fix the broken Economy that was a result of the 1970s.
In Hungary and Czechoslovakia. The state stayed in presence until 1989 when resistance strengths solidified in constraining the administration to desert socialism. The state viewed itself as the beneficiary to the Hungarian Soviet Republic, which was framed in 1919 as the principal Communist state made after Soviet Russia.
