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Ronld Reagan Foreign and Domestic Affairs

akening the structure of American families. President Reagan, after long speeches and deliberations, persuaded congress to lift some of the many regulations that were placed on industries. The main objective of this deregulation was to help the industries save money as well as time when it came to complying and meeting the government’s regulations. To go along with this deregulation President Reagan also lifted environmental and safety standards. His reason for lifting these regulations was due to the time and expense that the industries spent complying with these regulations caused hardships for the American businesses. All these actions seemed to reverse the growing trend of more governmental legislation and regulatory bodies designed to help protect and improve the quality of the environment. Reagan then appointed Anne Burford, a woman who opposes many regulations on air quality and the disposal of toxic waste, to be the head of the EPA (Encyclopedia Britannica, Britannica.com, 2000). The initial EPA stands for Environmental Protection Agency. Reagan also had many people on his administrative staff that believed in little fewer government regulation so the businesses will be able to flourish with will in-turn help the economy. After all Reagan’s policy and plans over tax cuts, deregulation, and relaxing of the governments regulations on environment and safety standards were implemented the economy flourished. This time of economic growth started a growth in the stock market that lasted through the decade. The main reason for the stock market explosion was the fact that many investors realized that they could make money by investing it into high-risk businesses. This investment was not allowed under the old government regulations. The stock market surge was intensified by billion dollar mergers and company takeovers (Encyclopedia Britannica, Britannica.com, 2000). As a result of the Reagan Era many Americans...

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