Economic Strategies of the Reagan Era

Hard Period 9: 1980–present Reagan Era

The presidency of Ronald Reagan from 1981 to 1989 marked a pivotal time in U.S. history, characterized by significant changes in various domains, including economic policy, foreign relations, and social issues. Reagan's approach was often referred to as 'Reaganomics', emphasizing supply-side economics, tax cuts, and deregulation. At the same time, foreign policy during his administration shifted to a more confrontational stance towards the Soviet Union, with initiatives such as the Strategic Defense Initiative (SDI). The era also saw the rise of conservative social movements and a focus on traditional family values.

Which of the following policies or events best exemplifies the economic strategies implemented during the Reagan administration?

Implementation of the Affordable Care Act to expand healthcare access.

The introduction of significant tax cuts aimed at stimulating economic growth.

Expansion of labor union powers through major legislative reform.

The establishment of the Environmental Protection Agency to regulate pollutants.

Hint

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