The term "Reaganomics" is most closely associated with which of the following policies?

1Points
A
cutting taxes on wealthy individuals

B
reducing defense spending

C
strengthening federal regulations

D
expanding government subsidies

MULTIPLE CHOICE
Question 8
Which issue was most central to the “culture wars” of the 1990s?

1Points
A
campaign finance

B
defense spending

C
gun control

D
education reform

Respuesta :

The term "Reaganomics" is most closely associated with, which of the following policies, is cutting taxes on wealthy individuals. The correct option is A.

What is Reaganomics?

Reaganomics is the name for policies in the economics policies of the Ronald Reagan.

Reagan's economic policy was built on four pillars:

  • Cutting government spending,
  • Lowering the federal income tax and capital gains tax.
  • Reducing government regulation.
  • Tightening the money supply to combat inflation.

Thus, the correct option is A, cutting taxes on wealthy individuals.

Learn more about Reaganomics

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