Sunday, May 17, 2020

Events Causes And Consequences Of President Ronald Reagan

†¢ Event Name Type of Event Causes Course Consequences 1980 Election This was a political event because it caused a change in the government. Americans wanted a firm, patriotic leader who had a plan to fix the economic problems carrying over from the 1970s. Jimmy Carter was running for reelection, and Americans overall were very unhappy with his leadership. Ronald Reagan emerged as his challenger, a former actor with great public skills and a plan. They elected Ronald Reagan in 1980 who had a controversial plan for fixing the U.S. economy, later dubbed â€Å"Reaganomics.† 1980 Regan’s Plan The economy focused on cutting taxes, reducing the size of government, and eliminating controls over certain business, called deregulation. It relaxed rules in banking and savings and loan industries to help encourage loans for people to buy houses and start businesses. The idea behind the plan was to put more money in the pockets of people and businesses so they would purchase more things, increase innovation, reduce unemployment, and lower inflation. Reagan increased defense spending. U.S. exports were falling, creating a negative balance of trade where the country was buying more from foreign countries than it was selling to them. 1980 Regan Doctrine This was the president s foreign policy in the 1980s of supporting anti-Communist revolutions through the Cold War. The president blamed lack of military strength for the Iran hostage crisis and the Soviet Union s increasing ties withShow MoreRelated8.02 ccc chart1064 Words   |  5 Pages02  CCC  Chart  and  Reflection   Event   Type  of   Name   Event   Just  Say     This  event   No   was   campaign.   political   Part  of   because  it   President   was  a   Reagans   change  in   domestic   domestic   policy  was   policy.  Ã‚   a  War  on   Drugs,   Reagan   challenge s   Gorbache v  Ã‚   This  was  a   political   event   because   Reagan   publicly   challenged   the  Soviet   Union  after   the  U.S.   came  to   diplomatic   terms  with   them.   Causes   Course   Consequences   Nancy  Reagan,  began  a   Prisons  overflowedRead MoreThe Effects of the Iranian Hostage Crisis1117 Words   |  5 Pages The Iranian hostage crisis was one of the most dramatic events in a series of problems that took place during President Jimmy Carter’s term. 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