63. Unit 10-2: 80s Economics

Match it! Select the correct answer from the pull down...Good luck!

By adhering to the Supply Side Economics we take the government rules and regulations out and use a more _____________, hands off approach.

In the 1980’s the government relaxed some of its laws on banks and let them invest in the ______________.

President Ronald Reagan brought with him the idea of ______________. People pay less taxes and spend it to buy goods they want.

Keynesian policies led to more government control and a ___________economy

In 1987 we had a substantial Stock Market drop. It was not caused by “people selling stocks” it was caused by computer software.

Under Supply Side Economics a lot of restrictions were lifted as to who can buy and sell stocks (companies). Laws were less restricted on the companies and they got more money from investors.

Some of the banks made poor decisions in the Stock Market and lost money. So they could not make loans to people wanting to buy _______.

The down side to reaganomics is the government was collecting fewer taxes and had less money to promote ________________.