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Question
which best describes reagan’s beliefs about economic growth?
○ he believed that making government larger would lead to growth.
○ he felt that more regulations would help to create more jobs.
○ he believed that making government smaller would lead to growth.
○ he felt that higher taxes would provide incentives for growth.
Reagan's economic policy, known as Reaganomics, centered on supply-side principles. Key tenets included reducing government size, cutting regulations, lowering taxes, and decreasing government spending to stimulate economic growth. Options A, B, and D directly contradict these core beliefs: he opposed larger government, fewer regulations, not more, and lower taxes, not higher, to incentivize growth.
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C. He believed that making government smaller would lead to growth.