Reagan

Definition

Ronald Reagan was the 40th president of the United States, serving from 1981 to 1989. He was a conservative leader known for his economic policies and efforts to reduce government intervention.

Related terms

Supply-side economics: This term refers to Reagan's belief in reducing taxes and regulations to stimulate economic growth.

Cold War: The ongoing political tension between the United States and the Soviet Union during Reagan's presidency.

Trickle-down theory: A theory associated with Reaganomics that suggests benefits given to businesses and the wealthy will eventually "trickle down" to benefit society as a whole.