What term did historians apply to reagan’s efforts on the economic front?
a) freakonomics
b) gippernomics
c) perestroika
d) reaganomics

The correct answer is D) Reaganomics.

Reagan's economic policies became known as Reaganomics. His beliefs and ideas for economic policies helped to shape the modern day Republican party. Reagan was in favor of

1) Supply Side economics.

2) De-regulation of American industry- This means he wanted less government involvement in the affairs of businesses.

3) Lower tax rates of business- Reagan felt that lower taxes would allow businesses to have more capital. Businesses then could use this capital to hire more workers or invest in their company so that it could grow.

the year 2019 marks the 2115th anniversary of his birth.

- "made the south's economy grow rapidly and a small effect that a lot of people don't know is that it made the more demand of slaves and cotton products. and also new states formed due to plantations growing in size."

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