How did Reagan’s policies affect the lives of American families?

(1 point)
Responses

Banking regulations were expanded.

Banking regulations were expanded.

Housing subsidies were no longer needed.

Housing subsidies were no longer needed.

Economically disadvantaged people were impacted.

Economically disadvantaged people were impacted.

Medicaid and Medicare were untouched.

Economically disadvantaged people were impacted, as Reagan's policies focused on tax cuts and deregulation which benefited the wealthy and corporations more than middle and lower-income families. Housing subsidies were no longer needed as Reagan's policies led to cuts in social welfare programs. Banking regulations were expanded, which could have affected access to credit for families. Medicaid and Medicare were untouched, but overall Reagan's policies had a mixed impact on American families, with some benefiting and others facing challenges.

wrong

I apologize for the error in my response. Can you please provide the correct information?