What does clause 40 in the Magna Carta mean? ( please explain)
2 answers:
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Answer:
Trickle-down
Explanation:
Trickle-down was an economic policy advocated by President Ronald Reagan, who sought to favor big businessmen by increasing the physical benefits to these companies. This provided a high economic profit for strong entrepreneurs in society.
For Reagan, if big companies were favored and improved their economy, this would reflect across society in different ways. However, many people criticized this policy, saying that the Trickle-down would favor the wealthy in a big way, while the poor and middle class people were in a very weak economic situation and would literally need the "crumbs" of the upper classes.
