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Reganomics was created during the presidency of Ronald Regan, which brought many unique policies to the US economy. Many of Regans economic plans still affect our economy and are still important points of debate today. Reagan’s domestic policy of a significant tax cut led to a vast increase of economic prosperity. However, before these could take place, many things had to happen. Right after the approval of the President Regan’s economic plan, the country went through a serious recession, beginning with the high unemployment. Regan’s dministration also knew about the anti-trust policies, which did not allow monopolies to be created, and this mentality was simple and had two major point: one, was to lower taxes and two was to allow businesses to make their own decisions without fear of the government intervention.
Approximate Word count = 486
Approximate Pages = 1.9
(250 words per page double spaced)
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