How did “trickle-down economics” differ from economic strategies used in previous administrations?
It used deregulation of industry to spur economic growth.
It involved cutting taxes for those at the top of the economic ladder.
It focused on balancing the budget by increasing revenue.
It wanted to improve life for the working-class and businesspeople.
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Trickle-down economics differed from economic strategies used in previous administrations by focusing on cutting taxes for those at the top of the economic ladder in order to stimulate economic growth. Previous administrations may have focused on balancing the budget, increasing revenue, or improving life for the working class and businesspeople through different economic strategies.
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