Answered

Discover answers to your questions with Westonci.ca, the leading Q&A platform that connects you with knowledgeable experts. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

Quiz: The Reagan Years
Question 10 of 10

What happened during Ronald Reagan's second term in office?

A. A constitutional amendment requiring a balanced budget was passed.
B. Unemployment in the manufacturing sector decreased significantly.
C. The economy suffered a recession due to a massive stock market collapse.
D. The gap widened between rich and poor people in the United States.

SUBMIT

Sagot :

GinnyAnswer

Final answer:

During Ronald Reagan's second term, the economy experienced rising income inequality and mixed economic outcomes.


Explanation:

During Ronald Reagan's second term in office, the following events occurred:

  1. A constitutional amendment requiring a balanced budget was not passed.
  2. Unemployment in the manufacturing sector decreased significantly.
  3. The economy did not suffer a recession due to a massive stock market collapse.
  4. The gap widened between rich and poor people in the United States.

In Reagan's second term, the economy saw rising income inequality, with the top fifth of households gaining while others stagnated or declined. The era of Reaganomics saw mixed economic outcomes, with notable growth in the stock market but increasing disparities between the rich and the poor.


Learn more about Ronald Reagan's second term here:

https://brainly.com/question/41053317


Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.