THE RISE OF POLITICAL CONSERVATISM 1980 1992
THE ELECTION OF RONALD REAGAN IN 1980
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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environmental protection agency
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strategic defense industry
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raeganomics
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deregulation
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Detailed explanation-1: -Deregulation lowers costs of operations, allows more businesses to enter a market, and lowers prices for consumers. These factors can help stimulate efficiency and lead to increased economic growth.
Detailed explanation-2: -It stimulates economic activity because it eliminates restrictions for new businesses to enter the market, which increases competition. Since there is more competition in the market, it improves innovation and increases market growth as businesses compete with each other.
Detailed explanation-3: -Deregulation can have many positive effects on consumers. It stimulates economic activity by promoting competition and allowing new companies to enter the market which leads to lower prices and more jobs. Competition among businesses leads to improved quality of products and services.