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RONALD REAGAN ECONOMIC POLICIES

RONALD REAGAN ECONOMIC POLICIES

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RONALD REAGAN ECONOMIC POLICIES

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  1. RONALD REAGAN ECONOMIC POLICIES This presentation is brought to you by: http://homeworkscenter.com/

  2. Introduction Ronald Reagan, the first United States Conservative president for at least 50 years, fought against the most awful downturn since the vast depression. http://homeworkscenter.com/

  3. RONALD REAGAN ECONOMIC POLICIES He pledged the Reagan Revolution that was sought to reduce government expenses, regulations and taxes. His attitude was that the government was the source of their problem rather than the solution. http://homeworkscenter.com/

  4. RONALD REAGAN ECONOMIC POLICIES Reagan’s economy was a mixture of both double-digit inflation and double-digit economic retrenchment. To fight recession, he forcefully decreased taxes from 70 percent to 28 percent for the high income tax rate and 48 percent to 34 percentfor business tax rate. http://homeworkscenter.com/

  5. RONALD REAGAN ECONOMIC POLICIES Reaganomics is the name given to Reagan’s economic policies. His policies were based on supply side economics theory that states; Decrease on tax boosts economic growth enough and as a result, tax base is broadened. http://homeworkscenter.com/

  6. RONALD REAGAN ECONOMIC POLICIES In spite of Reagan’s delivery on all policy objectives made, not all were met according to their expectations. The annual growth in real federal expenditure during the Carter administration decreased from 4 % to 2.5 % during his administration. http://homeworkscenter.com/

  7. RONALD REAGAN ECONOMIC POLICIES Besides, the development of defense expenditure was higher during Reagan’s first term as compared to what he had planned during the 1980 operation. The economic expansion was a bit slower than anticipated. http://homeworkscenter.com/

  8. Conclusion As a result of Reagan’s economic program, a significant growth in financial conditions was experienced though there were no abolished agencies, no major national programs and no Reagan revolution. This is an excerpt from a term paper on Ronald Regan’s economic policies written by one of our writers. Visit our website for more. http://homeworkscenter.com/

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