Reagan's "New Right" era

Definition

The term refers to a political movement during the 1980s led by President Ronald Reagan that aimed to promote conservative policies, limited government intervention, and free-market principles. It emphasized reducing taxes, deregulation, and a strong national defense.

Related terms

Supply-side economics: This term refers to an economic theory supported by Reagan's administration which believed in cutting taxes for businesses and wealthy individuals in order to stimulate economic growth.

Deregulation: This term describes the process of removing or reducing government regulations on industries and businesses with the goal of promoting competition and efficiency.

Moral majority: This term represents a coalition of conservative Christian groups that emerged during Reagan's presidency and sought to influence politics based on their moral values.