Reagan Revolution

A major policy of President Ronald Reagan’s administration was to-

• 
  end desegregation of public facilities

• reduce defense spending

• lower federal income tax rates

• promote regulation of small businesses

Compare and contrast the economic policies of the 1970s and 1980s in the United States.

• Both decades focused on reducing government intervention in the economy.

• The 1970s focused on Keynesian economics, while the 1980s emphasized supply-side economics.

• Both decades experienced significant economic growth and stability.

• The 1970s and 1980s had identical economic policies.

Tags

DOK Level 3: Strategic Thinking

What economic approach did the Reagan administration advocate for?

• Demand Side Economics

• Keynesian Economics

• Supply Side Economics

• Marxist Economics

What was the central idea of Reaganomics?

• Increasing taxes to reduce the national debt

• Cutting taxes to stimulate economic growth

• Reducing military spending to balance the budget

• Expanding social welfare programs

What was a consequence of Reagan's economic policies?

(a)  

• The national debt decreased by $2 trillion

• Military spending was significantly reduced

• The national debt increased by $2 trillion

• Tax revenue remained constant

What strategy did Reagan use to challenge the Soviets in the arms race?

• He reduced military spending

• He initiated peace talks

• He used deficit spending to bury the Soviets in a new arms race

• He signed a disarmament treaty

What did Reagan claim about his knowledge of the Iran-Contra affair?

(a)  

• He was fully aware of the details

• He claimed to not know anything

• He admitted to authorizing the deal

• He denied the existence of the scandal

The Reagan Revolution includes all of the following except

• Republicans dominating congressional elections in the 90's

• Movements like the Tea Party

• The War on Terror

• George H. W Bush being elected president

What was a key feature of the Reagan Revolution in terms of economic policy?

• A) Expansion of social welfare programs

• B) Deregulation of industries

• C) Increase in federal income tax rates

• D) Nationalization of major industries

Which of the following best describes the political impact of the Reagan Revolution?

• A) Strengthening of the Democratic Party

• B) Rise of conservative values and policies

• C) Decline of the Republican Party

• D) Increase in socialist policies