Put these events in the correct order in which they would occur according to supply-side economics. Mark the first event with a 1, and the final event with a 5. Consumers and investors have more money. Businesses prosper. Taxes are lowered. The economy grows. Businesses expand.

Question

History

Marlene

4 January, 21:10

Put these events in the correct order in which they would occur according to supply-side economics. Mark the first event with a 1, and the final event with a 5. Consumers and investors have more money. Businesses prosper. Taxes are lowered. The economy grows. Businesses expand.

+3

Answers (1)

Know the Answer?

Lamont Compton · Answer 1

Here is the correct order of events in Supply-side economics:

1) Taxes are lowered

2) Consumers and investors have more money

3) Businesses expand

4) Businesses prosper

5) The economy grows

This concept is a huge part of Ronald Reagan's economic policies during his presidency. This becomes a central focus of "Reaganomics." He uses this policy to drive the American economy during his 8 years as president.