Question

1. what was the main idea of reaganomics?

1. what was the result of reagans and bushs appointments to the supreme court?

1. what was the result of the deregulation of the savings and loan industry?

1. what did the presidential elections of 1984 and 1988 show about the mood of the country?

Explanation:

Identify the main idea of Reaganomics

Using the Reagan Era and Reaganomics Effects knowledge points:

• The text discusses reducing federal power through deregulation, cutting taxes, and reducing environmental regulations.
• The main idea of Reaganomics was to stimulate economic growth by reducing government intervention, lowering taxes, and promoting free-market competition.

Analyze Supreme Court appointments

Using the Political Ideologies knowledge point:

• The text states Reagan and Bush made conservative appointments (e.g., Sandra Day O'Connor, Antonin Scalia, Clarence Thomas).
• The result was that the Supreme Court shifted to the right, moving away from the more liberal rulings of the previous 40 years.

Examine deregulation of savings and loans

Using the Reaganomics Effects knowledge point:

• The text states deregulation allowed Savings and Loan associations (S&Ls) to make risky investments in commercial real estate.
• When the economy slowed down, these investments went bad, forcing many S&Ls into bankruptcy and costing the federal government money to insure the losses.

Evaluate the 1984 and 1988 elections

Using the Reagan Era knowledge point:

• Reagan won in 1984 and Bush won in 1988, showing strong support for conservative policies.
• These elections showed that the mood of the country favored continuing conservative leadership, low taxes, and limited government.

Answer:

Question 1

The main idea of Reaganomics was to stimulate the economy and reduce the size of the federal government by cutting taxes, reducing government spending on social programs, and deregulating industries.

Question 2

The result of Reagan's and Bush's appointments was that the Supreme Court became significantly more conservative, shifting its decisions away from the more liberal rulings of the previous forty years.

Question 3

The deregulation of the savings and loan industry led to S&Ls making highly risky investments and loans. When the economy slowed down, many of these institutions went bankrupt, forcing the federal government to pay billions of dollars to cover the insured losses.

Question 4

The presidential elections of 1984 and 1988 showed that the mood of the country was highly supportive of the conservative movement, favoring low taxes, economic stability, and a continuation of the policies of the Reagan administration.