according to reagans supply - side economics, the first step to triggering the cycle of growth was reducing…

according to reagans supply - side economics, the first step to triggering the cycle of growth was reducing taxes. raising taxes. regulating businesses. creating government programs.

according to reagans supply - side economics, the first step to triggering the cycle of growth was reducing taxes. raising taxes. regulating businesses. creating government programs.

Answer

Brief Explanations:

Supply - side economics emphasizes reducing barriers to production. Reducing taxes was seen as a key first - step to encourage businesses and individuals to produce more, as they would keep more of their earnings. Raising taxes, regulating businesses, and creating government programs are not the first steps in supply - side economics for growth.

Answer:

reducing taxes.