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Select the correct answer.

What term did historians apply to Reagan's efforts on the economic front?

A. Freakonomics
B. Gippernomics
C. Perestroika
D. Reaganomics


Sagot :

Final answer:

Reagan's economic efforts were known as Reaganomics, focusing on tax cuts, reduced government spending, and supply-side economics.


Explanation:

Reaganomics was the term historians applied to Reagan's economic efforts. It was a policy focusing on reducing government spending, cutting taxes, increasing defense spending, and promoting supply-side economics. This approach aimed to stimulate economic growth by encouraging private investment and production through lower tax rates.


Learn more about Reaganomics here:

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