Understanding the Reagan Era: Economics
About This Worksheet
This worksheet provides reading comprehension exercises to explore the economic policies and impacts of the Reagan era in the United States. It includes source analysis and critical thinking questions suitable for standard grade-level expectations.
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Understanding the Reagan Era: Economics
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Introduction to Reagan's Economic Policies
Source A: Statement by Ronald Reagan (1981):
'Our goal is to reduce inflation, cut taxes, and promote economic growth by encouraging free enterprise and reducing government regulation.' Provenance: Speech by President Reagan during his inaugural address.
Impact of Reagan's Economic Policies
Source B: Economic Data from 1980-1988:
The U.S. experienced a significant economic recovery with GDP growth averaging 3% per year, unemployment decreasing from 7.5% to 5.3%, but income inequality widened, and the national debt increased. Provenance: Economic reports published by the U.S. Department of Commerce.
Different Perspectives on Reaganomics
Source C: Criticism of Reagan's Policies:
'Reagan's economic reforms favored the wealthy and increased inequality, while many working-class Americans saw little benefit.' Provenance: A socio-economic analysis published in a history journal.
Summary and Reflection
Reflect on the overall impact of Reagan's economic policies in the 1980s. Consider both the positive and negative effects discussed in the sources. Write a brief paragraph summarizing your view.
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Details
- Created
- 1/1/2026
- Updated
- 1/1/2026
- Type
- worksheet