3
QuizMultiple Select

The Reagan Era

Question 3 • AZ-US/AZ History B (SS302)

What were some of the positive effects of the booming 1980s economy? Check all that apply. Personal debts decreased. New jobs were created. Lower interest rates allowed people to borrow money. Inflation returned to normal levels.The national debt was paid off. Unemployment rates fell.

Answer
A
Personal debts decreased.
B
New jobs were created.
C
Lower interest rates allowed people to borrow money.
D
Inflation returned to normal levels.
E
The national debt was paid off.
F
Unemployment rates fell.

Explanation

The economic recovery of the 1980s brought job growth, and unemployment fell as more people found work. Inflation declined from its high levels earlier in the decade, while interest rates also dropped, making it easier for people to borrow. Personal debts did not necessarily decrease, and the national debt was not paid off.

AI-written and checked against the verified answer.

Previous
Next