Describe Ronald Reagan's tax and regulatory policies. What were the positive and negative consequences of the policies?
Answer:
An ideal answer will include:
1. Tax and regulatory policies: Reduction of federal income taxes and government regulation of business practices.
2. Positive Consequences: Taxpayers benefited from reduction in income taxes. The stock market's Dow Industrial Average more than doubled.
3. Negative Consequences: Deregulation led to insider trading on the stock market and financial malfeasance in the savings and loan industry. Taxpayers had to shoulder the cost of bankrupt savings and loan associations because customer deposits were guaranteed by the federal government.
4. Provide a concise and effective conclusion.
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The most powerful opponents of the annexation of Texas were the
a. States' Rights Democrats. b. Radical abolitionists. c. Conscience Whigs. d. Californios. e. southern mountain whites.
Which of the following best describes the Kongo Kingdom, founded by the Portuguese in 1483?
a. Poverty-ridden collection of villages. b. Chaotic ruling family. c. Underdeveloped economic system. d. Hostile attitude towards Europeans. e. A society that appeared to be open to connections.
What was the purpose of the Greek temple?
a. It served as a place to house the gods and the gifts made to the gods b. It served as place of worship for Greek congregations. c. It served as a military stronghold. d. It served as a home for the city's rulers. e. It served as bank and marketplace.
“Black Lives Matter” was founded after the death of __________
A) Walter Scott B) Tamir Rice C) Michael Brown D) Eric Garner