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In 1989, after Reagan left office the Revolutions of 1989 saw Eastern European countries overthrow their communist regimes. Following the Soviet Union's dissolution in 1991 the United States emerged as the world's sole superpower and Reagan's successor George H.W. Bush sought to improve relations with former communist regimes in Russia and ...
Reagan gives a televised address from the Oval Office, outlining his plan for tax reductions in July 1981.. Reaganomics (/ r eɪ ɡ ə ˈ n ɒ m ɪ k s / ⓘ; a portmanteau of Reagan and economics attributed to Paul Harvey), [1] or Reaganism, were the neoliberal [2] [3] [4] economic policies promoted by U.S. President Ronald Reagan during the 1980s.
Milton Friedman, the monetarist economist who was an intellectual architect of free-market policies, was a primary influence on Reagan. [4] When Reagan took office, the country faced the highest rate of inflation since 1947 (average annual rate of 13.5% in 1980), and interest rates as high as 13% (the Fed funds rate in December 1980).
Reagan was first elected in 1980, when the U.S. gross domestic product fell 0.3%, according to data from the World Bank. During his first year in office (1981) the GDP grew 2.5%, but during his ...
In addition, the U.S. has interfered in the national elections of countries, including Italy in 1948, [1] the Philippines in 1953, Japan in the 1950s and 1960s [2] [3] Lebanon in 1957, [4] and Russia in 1996. [5] According to one study, the U.S. performed at least 81 overt and covert known interventions in foreign elections from 1946 to 2000. [6]
This is a list of international presidential trips made by Ronald Reagan, the 40th president of the United States. Ronald Reagan made 24 international trips to 26 different countries during his presidency, which began on January 20, 1981 and ended on January 20, 1989. [1] Reagan visited four continents: Europe, Asia, North America, and South ...
The officially stated goals of the foreign policy of the United States of America, including all the bureaus and offices in the United States Department of State, [1] as mentioned in the Foreign Policy Agenda of the Department of State, are "to build and sustain a more democratic, secure, and prosperous world for the benefit of the American people and the international community". [2]
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