Question

Reagan’s economic revolution was based on the simple fact that:

a. government must create jobs
c. private industry should create jobs
b. high corporate taxes should take place
d. regulation of business was imperative Please select the best answer from the choices provided A B C D

Answer 1

Reagan's economic revolution was based on the simple fact that private industry should create jobs. The correct option among all the options that are given in the question is option "c". The United States economic policy that was made popular by President Reagan was also known by the name of Reaganomics.