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Reaganomics, also known as supply-side economics, was an economic policy associated with President Ronald Reagan during the 1980s. This quiz aims to test your knowledge about the key principles and outcomes of Reaganomics. The policy sought to reduce government intervention in the economy, advocating for lower taxes, deregulation, and decreased...see morepublic spending. By stimulating investment and production, proponents believed that wealth would "trickle down" to all levels of society, ultimately fostering economic growth.
The quiz comprises questions covering various aspects of Reaganomics, such as its goals, impact on inflation, the stock market crash, and the national debt. Test your understanding of the economic theories that underpinned Reagan's policies and the sectors targeted for deregulation. Discover whether the policy was successful in achieving its intended outcomes and its effects on different demographics.Challenge yourself with this quiz to gauge your grasp of Reaganomics' influence on the economic landscape during one of the most transformative periods in American history. see less
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