Which of the following are examples of Reagan's
conservative economic policies?

Check any of the boxes that apply.

• cutting school lunch programs
• reducing government regulation
• cutting defense spending
• reducing funding for government agencies
• tightening environmental regulations

Answer : 1,2,4

Cutting school lunch programs, reducing government regulation and reducing funding for government agencies are examples of Reagan's conservative economic policies.

Explanation:

Reagan's economic policy was characterized by lowering taxes, reducing budget expenditure, limiting state interference in the economy and limiting inflation by checking the amount of money in circulation.

The 1950s and 1960s were a period of overwhelming dominance of Keynesian concepts in the economic policy of most Western countries. Keynes, who pointed to the need for continuous government involvement in economic affairs, also created the idea of a welfare state. The weakness of Keynesian methods of boosting the economy were revealed by the energy crisis after the Arab-Israeli war in 1973, which turned into a recession.

As a consequence, American economists turned towards liberal tendencies. The goal was to defend free market principles and reduce state interference in the economy. A restrictive monetary policy was to ensure a high level of interest rates, eliminate the budget deficit and reduce its expenses. On the other hand, supply economy, which Reagan was a supporter of, assumed increasing supply, encouraging entrepreneurs to increase production and investment. He wanted to achieve this effect by lowering taxes, stimulating savings, and increasing capital resources. Reaganomics was therefore a combination of supply and monetarist concepts.

This theory said that the main sources of economic hardship lay on the supply side. It sought to privatize the public sector, decentralize, curb rising inflation and, as already mentioned, reduce taxes, which on the one hand reduced revenues to the state budget, but also stimulated private investment. High military spending resulted in a significant increase in the budget deficit, but also clearly stimulated demand.  

Ronald Reagan's policy involved the privatization of large state-owned enterprises. Tax breaks were applied for those investing in shares and citizens were encouraged to invest capital in private pensions. The boom on the stock markets that accompanied these activities had a positive effect on the decisions of stock exchange boards regarding transnational expansion.

in 550 b.c.e. cyrus the great, the leader of the persians, conquered the medes and united the iranian people under one ruler for the first time. cyrus became the first king of the persian empire and went on to establish one of the largest empires in world.

the mandate of heaven or tian ming (chinese: 天命; pinyin: tiānmìng; wade–giles: t'ien-ming) is a chinese political and religious doctrine used since ancient times to justify the rule of the king or emperor of china. according to this belief, heaven (天, tian)—which embodies the natural order and will of the universe—bestows the mandate on a just ruler of china, the "son of heaven" of the "celestial empire". if a ruler was overthrown, this was interpreted as an indication that the ruler was unworthy, and had lost the mandate. it was also a common belief among citizens that natural disasters such as famine and flood were signs of heaven's displeasure with the ruler, so there would often be revolts following major disasters as citizens saw these as signs that the mandate of heaven had been withdrawn.[1]

a brief flow chart describing the dynastic cycles in imperial china on claiming to withdrawing the mandate of heaven

the mandate of heaven does not require a legitimate ruler to be of noble birth, depending instead on the just and able performance of the rulers and their heirs. dynasties such as the han and ming dynasties were founded by men of common origins. the concept is in some ways similar to the european concept of the divine right of kings; however, unlike the european concept, it does not in theory confer an unconditional right to rule, despite this being exactly the case in practicality. the mandate would in theory be a preoccupation in a ruler's lifetime, when he would hold onto the mandate and live according to heavens. intrinsic to the concept of the mandate of heaven was the right of rebellion against an unjust ruler. chinese historians interpreted a successful revolt as evidence that heaven had withdrawn its mandate from the ruler. throughout chinese history, times of poverty and natural disasters were often taken as signs that heaven considered the incumbent ruler unjust and thus in need of replacement. the mandate of heaven was often invoked by philosophers and scholars in china as a way to curtail the abuse of power by the ruler. while each dynasty was not the same, they each had a lineage that passed on the prospective ruler by order of generational descent or their priority of birth. many emperors during the imperial times would optimize to have many sons who could be candidates to fill the position after the current ruler has died. in addition heaven was thought to be of how a ruler's works and performance was, which reflected upon how favorable they would be to heaven.