Question

question 9 of 25

what was an element of president reagans economic policy?

a. the government shouldnt interfere with the free market.
b. the government shouldnt intervene when the economy is suffering.
c. the government should regulate businesses to protect the environment.
d. the government should intervene when people are suffering.

Explanation:

Identify Reagan's economic philosophy

President Ronald Reagan's economic policy, often called "Reaganomics" or supply-side economics, advocated for reducing government intervention in the economy to stimulate growth.

Evaluate the core principles

A key pillar of this policy was deregulation, which is based on the belief that the government should minimize its interference with the free market to allow businesses to operate and compete more freely.

Match with the options

Option A directly aligns with this laissez-faire, free-market philosophy of minimizing government interference.

Answer:

• (A) The government shouldn't interfere with the free market. (Correct answer)
• (B) The government shouldn't intervene when the economy is suffering.
• (C) The government should regulate businesses to protect the environment.
• (D) The government should intervene when people are suffering.