What were reagonomics?

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What were reagonomics?

 

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Step 1: Introducing Reaganomics

Reaganomics, a term derived from the amalgamation of "Reagan" and "economics," signifies a pivotal chapter in the history of U.S. economic policy. During Ronald Reagan's presidency from 1981 to 1989, this approach to economic management ushered in a significant departure from prior strategies. Rooted in conservative economic theories, Reaganomics aimed to revitalize the American economy, combat inflation, and stimulate economic growth.

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