Study Strategies: Retrieval Practice

“Trickle-down economics,” also known as supply-side economics, is the idea that giving tax cuts and financial advantages to wealthy people and large corporations will eventually benefit everyone else. Supporters believed that when businesses and wealthy investors kept more of their money, they would reinvest it into the economy by expanding companies, creating jobs, and increasing wages. While versions of this idea existed earlier, it became most associated with President Ronald Reagan in the 19

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