Question

What was Ronald Reagan’s basic belief about economic growth?
He thought greater government involvement in business would fix the nation’s economic problems.
He felt that more regulations would help to create more jobs.
He believed that decreasing government spending would eventually lead to economic growth.
He thought that higher taxes would provide incentives for growth.

Answer 1

He believed that decreasing government spending would eventually lead to economic growth.

Reagan supported supply-side policies: smaller government, tax cuts and deregulation to stimulate investment and growth (often called "Reaganomics").