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what economic approach did reagan advocate for during his presidency? socialist redistribution of wealth increased government intervention trickle-down economics
Reaganomics, also known as trickle - down economics, was the economic policy during Reagan's presidency. It emphasized tax cuts for the wealthy and corporations, with the idea that the benefits would "trickle down" to the rest of the economy. Socialist redistribution of wealth and increased government intervention are contrary to Reagan's free - market, conservative economic stance.
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trickle - down economics