Key Goal of Reagan's Economic Policies

Very Easy Period 9: 1980–present Reagan Era

In the early 1980s, the United States experienced significant shifts in politics and economics under President Ronald Reagan's administration. His policies aimed to reduce the size of government, cut taxes, and promote free-market capitalism. This era is often characterized by a shift towards conservative values and a focus on deregulation. Which of the following best describes a key goal of Reagan's economic policies during his presidency?

Strengthening labor unions and increasing government regulations.

Reducing taxes and promoting individual entrepreneurship.

Fostering government intervention in the economy.

Increasing public spending on social programs.

Hint

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