THE RISE OF POLITICAL CONSERVATISM 1980 1992
PRESIDENT RONALD REAGANS FOREIGN POLICY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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eliminating all social programs and balancing the federal budget
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reducing the size of the federal government and increasing defense spending
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using the federal government to enforce civil rights and reducing U.S. influence in Central America
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increasing income tax rates and strengthening environmental regulations
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Detailed explanation-1: -The pillars of Reagan’s economic policy included increasing defense spending, balancing the federal budget and slowing the growth of government spending, reducing the federal income tax and capital gains tax, reducing government regulation, and tightening the money supply in order to reduce inflation.
Detailed explanation-2: -Reduce marginal tax rates on income from labor and capital. Reduce regulation. Tighten the money supply to reduce inflation. Reduce the growth of government spending.
Detailed explanation-3: -What Were the Goals of Reaganomics? Reaganomics sought to reduce the cost of doing business, by reducing tax burdens, relaxing regulations and price controls, and cutting domestic spending programs.