Asked by
Irene Solorzano
on Nov 02, 2024
Verified
Which of the following was NOT an example of the deregulation that was part of "Reaganomics"?
A) privatization of federal lands in the West
B) allowing S & L institutions into commercial real estate
C) reducing the stringency of automobile safety features
D) increasing antitrust suits against corporate giants
Reaganomics
The economic policies promoted by U.S. President Ronald Reagan during the 1980s, characterized by tax cuts, reduced social spending, increased military spending, and deregulation of domestic markets.
Deregulation
The process of removing or reducing state regulations, typically in the economic sphere, to encourage more efficient and competitive markets.
S & L Institutions
Savings and Loan institutions, which are financial establishments focusing on accepting savings deposits and making mortgage loans.
- Distinguish principal policy modifications and legislative amendments in the U.S. during the period of the Reagan administration and their repercussions.
Verified Answer
GE
Learning Objectives
- Distinguish principal policy modifications and legislative amendments in the U.S. during the period of the Reagan administration and their repercussions.