Ronald Reagan: Election (1 Jan 1981 Jahr – 1 Jan 1989 Jahr)

Beschreibung:

Election of 1980:

Cause:

1. Democratic dissatisfaction with Carter
2. the Iran hostage crisis
3. worsening economy at home marked by high unemployment and inflation

Effect:

1. Ronald Reagan won the election in a landslide
2. key turning point in American politics
3. new electoral power of the suburbs and the Sun Belt


Contextualization:

Reaganomics:

1. grow the economy by cutting taxes and deregulating some industries
2. corporations and wealthy individuals would reinvest the money they saved
3. paying lower taxes to build businesses, create jobs, boost profits, and spur economic growth
3.

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Datum: