Answer: C. It involved cutting taxes for those at the top of the economic ladder.
Explanation:
Former President Ronald Reagan came up with a string of Economic Policies to improve the United States. These policies are popularly known as Reaganomics.
One of the more famous Reaganomics was the Trickle-Down policy. Here Reagan argued that reducing taxes on the wealthy in society was a means of investment into the nation. His rationale was that if the wealthy pay less taxes, they will have more money for investment and when they do invest it will increase the nation's productivity and wealth in the long term.
This newfound wealth and productivity will benefit the less privileged in the long term as it 'trickles down' to them.
Answer:
1. A
2. C
3. D
4. C
5. Essay
6. C
7. Reagan’s administration: called the... and opposed the spread. Previous administration: resumed positive.... and used brinksmanship...
8. Essay
9. C
10. D
11. B
12. B
13. Essay
14. Large.. manufacturers.. computers.. the technology
15. D
16. A
17. C
18. Early.. al gore.. George w. Bush.. the Florida
19. B and c. Close and return
20. Created: no child. Encourage: school choice. Reduced: supply side
21. B
22. C
23. A
24. News: culture. The United States has: trade agreements. The United States makes: political relationships. The United States takes: economic regulation
25. B
26. C
27. A
28. Iran went, Iran decided, the price, the United States
29. B and d
30. D
31. A
The answers to The 1980s - Early 21st Century Unit Test
(i didnt do the essay because you might get in trouble for "copying")
