Question

What were the effects of the conservative policies Margaret Thatcher and Ronald Reagan adopted?

I just need a sentence or 2

Answer 1

The conservative policies adopted by Margaret Thatcher and Ronald Reagan, often referred to as "Thatcherism" and "Reaganomics," emphasized deregulation, tax cuts, and reduced government spending, which led to significant economic growth and job creation in the 1980s. However, these policies also resulted in increased income inequality and social divisions, as well as challenges for public services and welfare systems.