USA HISTORY

Detailed explanation-1: -Domestically, the Reagan administration enacted a major tax cut, sought to cut non-military spending, and eliminated federal regulations. The administration’s economic policies, known as “Reaganomics", were inspired by supply-side economics.

Detailed explanation-2: -In his speech, “A Time for Choosing", Reagan stressed the need for smaller government. The speech raised 1 million dollars for Goldwater and is considered the event that launched Reagan’s political career.

Detailed explanation-3: -End of the Cold War. Reagan relaxed his aggressive rhetoric toward the Soviet Union after Gorbachev became General Secretary of the Soviet Politburo in 1985, and took on a position of negotiating.