Key Feature of Reagan's Economic Policy

Ronald Reagan's presidency was marked by various key initiatives aimed at reshaping American policies and values. His administration's economic philosophy was often described as 'supply-side economics', which sought to stimulate the economy by reducing taxes and deregulating industries. This approach was fundamentally different from the Keynesian economics that had dominated the mid-20th century. In terms of foreign policy, Reagan also took a hard stance against the Soviet Union, famously dubbing it the 'Evil Empire'.

Which of the following best describes a key feature of Reagan's economic policy?