What term did historians apply to Reagan’s efforts on the economic front?
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Reaganomics
Explanation:
- Reaganomics term historians apply to explain Reagan efforts on the economic front.
- Reagan economic policies were an attempt to balance the federal budget, increase defence spending, and cut income taxes.
- Ronald Reagan promised many things to American citizens, which included strong defence and lowering taxes.
- Reagan proposed policies realised to cuts taxes and reducing restrictions on business.
- The lower taxes under Regan policies helped to provide a few additional incomes to support the GDP.
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Answer:d
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