BrianjBrown BrianjBrown
  • 13-05-2019
  • History
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What is Reaganomics? What were the impacts of Reaganomics?

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sashalgarza
sashalgarza sashalgarza
  • 13-05-2019

Answer:

Explanation:

President Ronald Reagan's economic plan, known as 'Reaganomics,' was an attempt to stimulate the inert American economy of the 1970s through supply-side economics. Reagan believed that by revamping the United States tax code more Americans would have money to spend, which in turn would lead to economic growth.

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