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What Did Reagan Promote as Part of His Version of "New

question 12

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What did Reagan promote as part of his version of "new federalism"?


Definitions:

Profits

Financial gains obtained after deducting the costs, expenses, and taxes associated with doing business or an economic activity.

Sole Proprietorship

A business structure where a single individual owns and operates the business, personally responsible for all debts and legal actions.

Traditional Form

Traditional form refers to conventional or long-established ways of doing something, often contrasted with more modern methods.

Corporation

A legal entity that is separate and distinct from its owners, capable of conducting business, owning assets, and being liable for debts.

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