Understanding Reaganomics- An In depth Look at Ronald Reagan's Economic Policies
Reaganomics refers to the economic policies implemented by Ronald Reagan, the 40th President of the United States, who served from 1981 to 1989. These policies emerged in response to a severe economic crisis characterized by stagflation—a term describing the combination of stagnant economic growth, high unemployment, and high inflation. Reagan's administration was marked by a set of changes aimed at revitalizing the economy through tax cuts, spending reductions, and deregulation. ...