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coolcat3190
11.04.2021 •
History
(Doesn't have to be too long) Identify and assess the various economic, social, and political factors that caused the “Reagan Revolution.” Specific Evidence for each category.
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Ответ:
The correct answer to this open question is the following.
Although there are no options attached we can say the following.
The various economic, social, and political factors that caused the “Reagan Revolution,” were basically the worst economic depression in the United States since the times of the so-called Great Depression. The cycle of stagflation was one of the biggest issues that needed to be solved.
In the political arena, the US lived serious political tensions in the Middle East and with the Arab nations due to the oil embargo.
That is why Reagan believed that his "Reaganomics" plan had to make the US economy improve if Americans had more money to spend.
Reaganomics was the term that identified the economic policies of President Ronald Reagan in 1981.
"Reaganomics," was the economic policy of Republican President Ronald Regan that consisted of making cuts and reductions in four important areas of the economy of the United States: reduce the growth of government spending; cut income taxes and capital gain taxes; cut the expansion of the supply of money and diminish the regulation of business.
President Reagan's tenure was from 1981 to 1989 and was the 40th President of the U.S.
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