Answered

President Reagan's policy of trickle-down economics relied on what
idea to stimulate the economy?
tax cuts, deregulation, and increased military spending.
increasing government regulation of the economy
raising taxes on the wealthy to fund social programs
creating jobs by increasing government programs



Answer :

GinnyAnswer

Final answer:

President Reagan's trickle-down economics policy utilized tax cuts, deregulation, and increased military spending to stimulate the economy.


Explanation:

President Reagan's policy of trickle-down economics relied on tax cuts, deregulation, and increased military spending to stimulate the economy. This approach, known as Reaganomics, aimed to increase the wealth of the wealthy with the belief that it would eventually benefit the middle and lower classes through job creation and economic growth. Reagan's administration embraced supply-side economics to spur growth and investment through tax reduction.


Learn more about Reaganomics and trickle-down economics here:

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