Question

Question 10 of 10 Which statement best describes a challenge Ronald Reagan faced during his second term in office? OA. The economy suffered a recession due to a massive stock market crash. OB. Huge defense spending and major tax cuts contributed to historically high budget deficits and a ballooning national debt. OC. The manufacturing sector grew exponentially, but there weren't enough workers to fill the jobs. OD. There was a standoff between the United States and the Soviet Union over land in Europe.​

Answer 1

option B

Step-by-step explanation:

During Reagan's second term, his administration pursued an aggressive defense buildup, which involved significant increases in defense spending. Additionally, Reagan implemented substantial tax cuts as part of his economic policies known as "Reaganomics." These policies were aimed at stimulating economic growth, but they also contributed to budget deficits and a growing national debt.

The combination of increased defense spending and tax cuts resulted in significant budget shortfalls, leading to historically high budget deficits. The national debt, which had already been growing, continued to balloon during Reagan's second term.

It's important to note that while other challenges mentioned in options A, C, and D might have occurred during Reagan's presidency, option B accurately reflects a significant challenge specifically during his second term.

Answer 2

The correct answer is B. Huge defense spending and major tax cuts contributed to historically high budget deficits and a ballooning national debt. During Reagan's second term, his administration's policies of increasing defense spending and reducing taxes led to significant budget deficits and a rapidly growing national debt. This economic policy, known as "Reaganomics," was controversial and faced criticism from those who argued that it primarily benefited the wealthy and worsened income inequality.