Asked by Cheyenne Maxson on Jun 04, 2024

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How did the Reagan administration try to cut back on social regulation?

A) by using cost-benefit analysis.
B) by turning to the courts for favorable decisions.
C) by increasing the budgets of important social regulatory agencies so that they would be more willing to conform to the president's agenda.
D) by agreeing to congressional cuts in defense spending.

Social Regulation

Regulations that aim to correct behaviors and practices affecting public interests, such as environmental protection, health, and safety standards.

Cost-Benefit Analysis

A systematic approach to estimating the strengths and weaknesses of alternatives used to determine the options that provide the best approach to achieve benefits while preserving savings.

Reagan Administration

The executive period from 1981 to 1989 when Ronald Reagan served as the President of the United States, known for its conservative policies.

  • Differentiate between economic and social regulation while discussing their historical evolution and the difficulties faced during their enactment.
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DW
Dijion WallsJun 10, 2024
Final Answer :
A
Explanation :
The Reagan administration aimed to reduce social regulation by implementing cost-benefit analysis to evaluate the efficiency and necessity of regulations, favoring those that were economically justifiable.