How did reagan’s policies affect the lives of american families?

Question

banking regulations were expanded

housing subsides were no longer needed

medicaid and medicare were untouched

economically disadvantaged people were impacted

Answer 1

Reagan's policies had mixed effects on American families. On one hand, banking regulations were expanded which helped to stabilize the financial system and protect consumers. On the other hand, the elimination of housing subsidies made it more difficult for lower income families to afford housing. Medicaid and Medicare were left largely untouched, so there were no significant impacts on healthcare access for many families. Overall, economically disadvantaged people were most affected by Reagan's policies, as cuts to social programs and tax cuts for the wealthy widened income inequality.