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 main idea of Reaganomics

The text describes Reaganomics as focusing on reducing the power of the federal government, cutting taxes, and reducing regulations. The main idea was to stimulate economic growth by reducing government intervention and encouraging private investment.

Analyze Supreme Court appointments

The text states that Reagan and Bush made conservative appointments to the Supreme Court, nominating justices like Sandra Day O'Connor, Antonin Scalia, Anthony Kennedy, William Rehnquist, David Souter, and Clarence Thomas. The result was that the Court shifted to the right, moving away from the more liberal rulings of the previous 40 years.

Examine savings and loan deregulation

According to the text, deregulation allowed savings and loan associations (S&Ls) to invest in risky commercial real estate and make risky loans. When the economy slowed down, many of these investments failed, forcing many S&Ls into bankruptcy and requiring the federal government to pay the cost of insuring the losses.

Interpret 1984 and 1988 election results

The text shows that Reagan won in 1984 and Bush won in 1988. This demonstrated that most Americans approved of conservative policies, saw little reason for change, and favored continuing the political and economic direction of the Reagan administration.

Answer:

Question 1

The main idea of Reaganomics was to stimulate economic growth by reducing the size and influence of the federal government, cutting taxes, and deregulating industries to encourage private investment.

Question 2

The appointments made the Supreme Court significantly more conservative, shifting its decisions to the right and moving away from the more liberal rulings of the previous 40 years.

Question 3

Deregulation led savings and loan associations to make highly risky investments and loans. When the economy slowed, many went bankrupt, forcing the federal government to pay billions of dollars to cover the insured losses.

Question 4

The elections showed that the mood of the country was highly conservative, with a majority of voters supporting Reagan's policies and desiring a continuation of the Republican administration's economic and political direction.