Reagan Era and Economic Policies
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This worksheet focuses on analysing a primary source related to the economic policies during the Reagan Era. Students will explore the content, origin, and usefulness of the source to develop their understanding of this historical period.
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Reagan Era and Economic Policies
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Source Analysis: Reagan's Economic Policies
Source A: Statement on Reagan's Economic Strategy
"President Reagan believed that reducing taxes and minimizing government regulation would stimulate economic growth. His administration implemented significant tax cuts, especially for the wealthy, and aimed to deregulate industries such as finance and energy. Supporters argued these policies would create jobs and boost the economy, while critics claimed they increased inequality and national debt. Reagan often emphasized the importance of free-market principles and individual initiative as the keys to prosperity. This approach became known as 'Reaganomics,' a mix of supply-side economics and conservative fiscal policies. The effects of Reagan's economic strategy are still debated today, with some pointing to periods of economic growth and others criticizing the increased inequality and budget deficits.
Provenance: Report from The New York Times, 1984, newspaper article.
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- Created
- 1/1/2026
- Updated
- 1/1/2026
- Type
- worksheet