INTER WAR YEARS 1919 TO 1939
COLLAPSE OF THE SOVIET UNION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Optimistic
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Pessimistic
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Angry
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Warlike
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Detailed explanation-1: -In his first Inaugural address on January 20, 1981, President Ronald Reagan addresses major issues affecting the nation, including rising inflation, the Iran hostage crisis, and unemployment. His speech points out that the government was part of the problem in that present economic distress, not just the nation alone.
Detailed explanation-2: -Reagan promised a restoration of the nation’s military strength at a time when 60 percent of Americans polled felt defense spending was too low. Reagan also promised an end to “trust me government", and to restore economic health by implementing a supply-side economic policy.
Detailed explanation-3: -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.