Answer:
The four pillars of Reagan's economic policy were:-
- to reduce the growth of government spending
- reduce the federal income tax and capital gains tax
- reduce government regulation
- tighten the money supply in order to reduce inflation.
Domestically, the Reagan administration enacted a major tax cut, sought to cut non-military spending, and eliminated federal regulations. The administration's economic policies, known as "Reaganomics", were inspired by supply-side economics.
