What term did historians apply to reagan’s efforts on the economic front?
a) freakonomics
b) gippernomics
c) perestroika
d) reaganomics

The correct answer is D) Reaganomics.

Reagan's economic policies became known as Reaganomics. His beliefs and ideas for economic policies helped to shape the modern day Republican party. Reagan was in favor of

1) Supply Side economics.

2) De-regulation of American industry- This means he wanted less government involvement in the affairs of businesses.

3) Lower tax rates of business- Reagan felt that lower taxes would allow businesses to have more capital. Businesses then could use this capital to hire more workers or invest in their company so that it could grow.

the chinese communist party (ccp);

explanation:

when a country suffers, for example, a drought period, the market product is affected for a low offer, in this case, potatoes; the government has to tax to the households, which have to give more money for the potatoes which they consume, that situation make them consume substitute goods even through loans, it could increase the financial market movement and the inflationary phenomena, the business has to increase salaries in order to the employees could buy a more expensive food (potatoes) and in order to inflation tha business had to buy expensive supplies in the factor market, while the rest of the world have to gain more money to consume the same amount of potatoes.