QUESTION 44 President Reagan encouraged and promoted deregulation because he belleved that A. free trade required effective regulation of major Industries. B. the government must regulate key industries to malntain economic stability. C. excessive government regulations hurt the economy. D. removing government regulations would Increase the prices of goods and services.

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QUESTION 44 President Reagan encouraged and promoted deregulation because he belleved that A. free trade required effective regulation of major Industries. B. the government must regulate key industries to malntain economic stability. C. excessive government regulations hurt the economy. D. removing government regulations would Increase the prices of goods and services.

Answer 1

## Step 1This question is about the economic policies of U.S. President Ronald Reagan. Specifically, it asks why Reagan supported deregulation. Deregulation refers to the process of reducing or eliminating government regulations in certain industries.## Step 2Reagan was a strong proponent of free-market capitalism, which means he believed in minimal government intervention in the economy. He argued that excessive government regulations could stifle economic growth and innovation.## Step 3Based on this understanding, we can conclude that the correct answer is option C: "excessive government regulations hurt the economy". This aligns with Reagan's belief in the free-market system and his opposition to excessive government intervention in the economy.

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