Reaganomics, Thatcherism & 1980s Economics


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question 1 of 3

What did NOT increase during Reagan's presidency?

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What did President Reagan set out to do during his presidency?

I. Expand the power of his office

II. Cut taxes

III. Decrease the defense budget

IV. Deregulate business

2. What did NOT increase under Thatcher?

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About This Quiz & Worksheet

This quiz and worksheet combo will help you understand the respective economic policies of Margaret Thatcher and Ronald Reagan. You will be quizzed on the goals and accomplishments of each policy.

Quiz & Worksheet Goals

This quiz will test you on:

  • Specific objectives of Thatcherism and Reaganomics
  • Goals and accomplishments of each policy
  • Lasting financial effect of each policy

Skills Practiced

This quiz and worksheet allows you to test the following skills:

  • Reading comprehension - ensure that you have retained the most important information from the related world history lesson
  • Making connections - utilize your knowledge of Thatcherism and Reaganomics to understand how the policies impacted the financial terrain of the 1980s
  • Knowledge application - assess your understanding of these policies by answering questions about their goals, similarities, and differences

Additional Learning

To review concepts related to economics during the 1980s, complete the lesson titled Reaganomics, Thatcherism & 1980s Economics. This lesson will help you:

  • Learn the policies of Thatcherism and Reaganomics
  • Understand the provisions implemented in order to counteract the economic recessions
  • Recognize the social impact of these policies