Understanding Reaganomics

Annika·

Economics

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SubjectEconomics

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Reaganomics

This learning resource delves into the economic policies known as Reaganomics, implemented by U.S. President Ronald Reagan during the 1980s. It focuses on key principles such as Supply-Side Economics, which posits that reducing tax burdens and regulation will stimulate economic growth and create jobs. The resource outlines the four main pillars of Reagan's economic plan: Tax Reduction, Decreased Spending, Deregulation, and Monetary Policy. Students will analyze the impact of these policies on GDP, inflation, unemployment, and federal debt, fostering critical thinking through data analysis and contrasting perspectives on the effectiveness of these economic strategies. The resource also includes reflective exercises to encourage students to synthesize their learning and understand the modern influence of these policies on current economic discourse.