WILL GIVE BRAINLIEST
A) Explain the concept of Reaganomics and how it affected tax policy and regulations.
B) Ultimately, what effects did Reaganomics policies have on the US economy in the 1980s?

Reaganomics is President Ronald Reagan's conservative economic policy that attacked the 1981-1982 recession and stagflation. Stagflation is an economic contraction combined with double-digit inflation.

Reagan's position was dramatically different from the status quo. Prior presidents Lyndon Johnson and Richard Nixon had expanded the government's role. Reagan pledged to make cuts in four areas.

several states had passed similar laws, but they were limited to intrastate businesses. the sherman antitrust act was based on the constitutional power of congress to regulate interstate commerce.

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