Which action did the Reagan administration take regarding the economy and investors?

The Reagan administration is widely recognized for its emphasis on deregulation and an overall reduction in government intervention in the economy. This approach, often encapsulated in the framework of supply-side economics, aimed to stimulate economic growth by allowing businesses and investors more freedom to operate without stringent government regulations.

By reducing restrictions on the economy, the Reagan administration believed that lower taxes and fewer regulations would lead to increased investment, job creation, and economic expansion. This belief was a fundamental part of the Reagan economic policy, often referred to as "Reaganomics," which included significant tax cuts, particularly for businesses and wealthier individuals, under the assumption that this would ultimately benefit all levels of the economy through increased spending and investment.

This approach contrasted sharply with previous economic strategies that favored more regulation and government oversight, positioning the Reagan administration as a transformative force in U.S. economic policy during the 1980s.