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| Rea·gan·om·ics [ ràygə nómmiks ] |
noun |
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| Definition: |
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free-market economics: the free-market economic approach espoused by U.S. president Ronald Reagan, involving cuts in taxes and social spending together with deregulation of domestic markets
(
takes a singular verb
)
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| [Late 20th century. Blend of Reagan + economics] |
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