what was ronald reagans basic belief about economic growth?\nhe thought greater government involvement in…

what was ronald reagans basic belief about economic growth?\nhe thought greater government involvement in business would fix the nations economic problems.\nhe felt that more regulations would help to create more jobs.\nhe believed that decreasing government spending would eventually lead to economic growth.\nhe thought that higher taxes would provide incentives for growth.

what was ronald reagans basic belief about economic growth?\nhe thought greater government involvement in business would fix the nations economic problems.\nhe felt that more regulations would help to create more jobs.\nhe believed that decreasing government spending would eventually lead to economic growth.\nhe thought that higher taxes would provide incentives for growth.

Answer

Answer:

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

Brief Explanations:

Ronald Reagan was a proponent of supply - side economics, which included reducing government spending to promote economic growth. He favored less government intervention in the economy, contrary to the ideas of more government involvement, more regulations, or higher taxes for growth.