What social-political movement emerged in the 1980s advocating for limited government and free-market principles?

The Reagan Revolution is recognized for emerging in the 1980s as a significant social-political movement that championed the principles of limited government and free-market economics. This movement was largely a reaction against the liberal policies of the previous decades and sought to reduce the size of government, lower taxes, and deregulate industries. The election of Ronald Reagan in 1980 was pivotal, as he advocated for a strong belief in individualism and market solutions to economic problems, which resonated with a substantial portion of the American public.

During this time, policies such as tax cuts, increased military spending, and a focus on traditional values became central tenets of the movement. The Reagan Revolution also fostered a shift in the Republican Party towards a more conservative platform, significantly impacting American politics in this era and beyond. This emphasis on limited government intervention and the promotion of free markets defined the political landscape of the 1980s and laid the groundwork for future governance and economic policy debates.