What Were the Successes and Failures of Ronald Reagan's Supply-Side

question 72

Essay

What were the successes and failures of Ronald Reagan's supply-side economics (Reaganomics)?

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Definitions:

Interest

The cost paid by a borrower for the use of borrowed money, or the income earned by an investor on their investment.

Inventory

The total amount of goods and materials held in stock by a business, intended for sale or production purposes.

Opportunity Cost

The cost of the next best alternative foregone as the result of making a decision.

Investment Project

A project undertaken by individuals, firms, or governments involving the allocation of resources to create future benefits, such as income or profit.