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Negative Effects Of Reaganomics

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The results of Reaganomics were both negative and positive. On the positive side of the spectrum, Reaganomics can be thanked for the encouragement of entrepreneurship and innovation. Reagan’s first term of presidency witnessed the rise of the information revolution with technological breakthroughs such as IBM’s very first personal computer as well as the launch of major tech industries thus causing a major historical turning point. Companies who we all know and use today, such as Dell, Microsoft, Intel, Sun Microsystems, Compaq, and Cisco Systems, all rose during this time period and began to transform the world into the technologically advanced system it is today. Economically, these companies have changed America as they continue to pump
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