What was the economic theory behind reagans plan

Reference no: EM133441416

Assignment:

Reaganomics - A Webquest

Directions: ?Using the links provided, answer the questions about Ronald Reagan's economic plan, "Reaganomics." Then answer critical thinking questions at the bottom of the handout in complete sentences, using specific historical evidence to support your answers.

Questions Response to Questions

1. What did Reagan claim was the "recipe" for fixing the American economy?

2. What was the economic theory behind Reagan's plan?

3. How did this economic plan work, generally speaking?

4. How much did Congress reduce taxes in Reagan's first term?

5. What was the initial impact of Reagan's economic plan?

6. How did Reagan's foreign policy impact his economic plan?

7. What happened to the national deficit because of Reagan's economic plan?

8. What does Reagan suggest is the impact of the "one of the worst sustained inflations in our national history"?

9. How does Reagan suggest, in his inaugural address, he will work towards equality in America?

10. What does Reagan suggest will be his "first priorities" when he takes office?

11. What does the author suggest Reagan has "overlooked" with regard to his economic plan?

12. What does the author suggest was one of the "key factors" leading to the economic crisis of the late 1970s and early 1980s?

13. What does this author say is the the problem with Reagan's plan to cut taxes and increase military spending?

14. Who does the author suggest will be hurt by this plan?

15. List four ways Reaganomics actually changed the economy, according to the author.

16. According to this article why did the economic policies of the 1980s fail to achieve the "Reagan Revolution?

Critical Thinking Questions:

1. CONTEXT: How might economic and political events of the 1970s have led Reagan to believe that "government is not the solution to our problem; government is the problem"?

2. EVALUATION: Was Reaganomics successful? Why/Why not?

3. PREDICTION: How might Reaganomics have created problems for future presidents?

Reference no: EM133441416

Questions Cloud

What values will this estimate bring to an organization : Explain how you can estimate the most likely end date, pessimistic and optimist end date of an Agile project. What values will this estimate bring

Define international business and other essential terms : Define international business and other essential terms of international trade. Describe how international business differs from domestic business.

Strategic planning process : What does Erica Olsen identify as the steps in the strategic planning process? How does the approach to strategic planning outlined by Erica Olsen

Unique challenges associated with teamwork in health care : What are some of the unique challenges associated with teamwork in health care? Create a short list of some elements of a culturally proficient team

What was the economic theory behind reagans plan : What did Reagan claim was the "recipe" for fixing the American economy? What was the economic theory behind Reagan's plan?

How are they positioning their brand in the customers mind : How are they positioning their brand in the customer's mind (you)! For example, expensive or cheap? Professional or for beginners? Stylish or casual

Arguments exist that accreditation sets the bar too low : Arguments exist that accreditation sets the bar too low, that it does not do much to increase quality, and that the cost is not worth the benefit.

What is the average time that an arriving customer : The machine processes customers at a constant rate of six per hour. What is the average time (in minutes) that an arriving customer will spend in the queue?

Briefly explain why you think your chosen company qualifies : Briefly explain why you think your chosen company qualifies as practicing socially responsible marketing. Include three specific environmental-social actions

User Account

All Pages