Answered

Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Join our platform to connect with experts ready to provide accurate answers to your questions in various fields. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

What best describes national finances during president reagan’s time in office?

Sagot :

marvineetesh3

The statement that best describes national finances during president Reagan’s time in office is both federal spending and the national debt rose.

Who is the Regan?

Ronald Wilson Reagan was the 40th President of the United States of America, presiding from 1981 to 1989.

After a profession as a Hollywood star and union organizer, he governed as the 33rd governor of California from 1967 to 1975.

Under his presidency, the federal government's spending increased by around 65 percent. The total spent climbed from $599 billion to $991 billion.

The national debt is also increasing. During his reign, it has steadily increased from $738 billion to $2.1 trillion, the economy has been growing considerably.

The military organization under his presidency is responsible for the vast majority of this spending and borrowing.

Therefore, both federal spending and the national debt rose as a result of his spending.

Learn more about the Regan, refer to:

https://brainly.com/question/13234994

We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.