Supply-side economics: An economic theory that suggests reducing taxes on businesses and wealthy individuals will stimulate economic growth.
Reaganomics: A term used to describe the economic policies implemented during Ronald Reagan's presidency, which included tax cuts and deregulation.
Trickle-down economics: A theory associated with Reaganomics that argues that by providing tax breaks for the wealthy, benefits will "trickle down" to lower-income individuals through job creation and increased investment.