According to Reagan’s model for supply-side economics, how would average Americans be affected? Tax increases for business owners would reduce the income of the wealthy, so the average person would have more. Tax cuts would mean that businesses would become more efficient and workers would lose their jobs. Tax increases would mean that businesses would have less wealth and would produce less for consumers. Tax cuts would stimulate business growth, which would grow the economy and benefit everyone.

john maynard keynes developed new economic theories in response to the stock market crash of 1929. great depression of the 1930s. first and second world wars. economic boom of the 1950s.

porter is writing economic history because he is focusing on the cost of developing vaccines.

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explanation:

what are two things that greatly the american economy after the war? the huge buildup of u.s. military the beginning of the korean conflict the creation of the gi bill the marshall plan for nations