reaganomics Definition
a set of economic policies implemented by the US President Ronald Reagan in the 1980s, which aimed to reduce government spending, lower taxes, and promote free-market capitalism.
Using reaganomics: Examples
Take a moment to familiarize yourself with how "reaganomics" can be used in various situations through the following examples!
Example
Reaganomics is often associated with the trickle-down theory of economics.
Example
The Reagan administration's implementation of Reaganomics led to a significant shift in US economic policy.
Summary: reaganomics in Brief
The term 'reaganomics' [rāɡəˈnämiks] refers to a set of economic policies implemented by the US President Ronald Reagan in the 1980s. These policies aimed to reduce government spending, lower taxes, and promote free-market capitalism. Reaganomics is often associated with the trickle-down theory of economics.
