12
QuizMultiple Choice

The Reagan Revolution

Question 12 • EAP-Virginia and US History B CR

Critics called President Reagan’s economic plan “trickle-down economics.” The term described his plan to cut taxes, allowing money to trickle down from

Answer
c
consumers to investors.
t
the wealthy to the poor.
b
businesses to consumers.
t
the wealthy to the government.

Explanation

“Trickle-down economics” refers to the idea that tax cuts benefiting wealthy people and businesses would encourage investment and economic growth, with benefits eventually reaching people with lower incomes. So the term described money trickling down from the wealthy to the poor, making choice B correct.

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