Ask Question
HistoryHistory
3 October, 12:50

What was Ronald Reagan's economic plan in the 1980s with regards to taxes and military spending?

Ronald Reagan's policy favored cutting military spending to provide tax breaks to the middle class.

Eliminate

B) Ronald Reagan focused on increasing taxes in order to increase military spending during the Cold War.

C) Ronald Reagan implemented supply side economics to decrease taxes while increasing military spending.

D) Ronald Reagan devoted his economic plan to balancing the budget by decreasing taxes and military spending.

+3
Answers (1)
  1. 3 October, 13:00
    0
    The correct answer to this question is C. What Reagan did was he slashed the taxes on the individual income and he increased substantially the military budget. He also called for the deregulation of the markets domestically. His plan was based on the supply-side economics or as the opponents called it the trickle-down economics.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What was Ronald Reagan's economic plan in the 1980s with regards to taxes and military spending? Ronald Reagan's policy favored cutting ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
How did African American citizens take advantage of their newly granted political rights, and what affects did they have on American politics?
Answers (1)
What was the goal of the Dawes Act? A. provide funding for "Indian schools" B. assimilate Native Americans into the dominant culture C. force Native Americans out of Georgia into western lands D.
Answers (1)
How did the open-range system of cattle ranching work?
Answers (1)
Which idea is President Reagan trying to persuade the audience to support? A. His policies will increase spending and cut taxes. B. His policies will cut taxes and increase inflation C.
Answers (2)
What political party was formed in the 1890s by a coalition of farmers workers and reformers?
Answers (1)
New Questions in History
The goal of the progressive movement was to
Answers (1)
How did American Indians react to American settlers in the late 1700s and early 1800s? Most American Indians lived west of the Appalachians, so settlement had little effect on them.
Answers (2)
Since the 2000 election, youth voter turnout in presidential elections has generally
Answers (1)
What was one reason for the united states to develop alternative energy sources?
Answers (2)
A "resident alien" of the United States, refers to someone who a. is an immigrant living in the country illegally. b. was born in the United States. c. was born in another country but has been naturalized. d.
Answers (2)
Home » History » What was Ronald Reagan's economic plan in the 1980s with regards to taxes and military spending? Ronald Reagan's policy favored cutting military spending to provide tax breaks to the middle class.
Sign Up Forgot Password?