Question

What was President Reagan's strategy for reducing the size of government and its influence, particularly on businesses?


Institutional expansion


Regulating


Deregulation


Monopolization

Answer 1

President Reagan's strategy for reducing the size of government and its influence, particularly on businesses, was primarily focused on **deregulation**. His administration aimed to cut back on governmental controls and regulations that were seen as burdensome to businesses, promoting free-market principles and encouraging private sector growth. Reagan believed that a less intrusive government would lead to increased economic efficiency and prosperity. This approach often included tax cuts, reducing federal spending, and promoting policies that minimized government intervention in the economy.