How did “trickle-down economics” differ from economic strategies used in previous administrations?(1 point) Responses It focused on balancing the budget by increasing revenue. It focused on balancing the budget by increasing revenue. It wanted to improve life for the working-class and businesspeople. It wanted to improve life for the working-class and businesspeople. It involved cutting taxes for those at the top of the economic ladder. It involved cutting taxes for those at the top of the economic ladder.
Trickle-down economics differed from previous economic strategies by involving cutting taxes for those at the top of the economic ladder, with the belief that this would ultimately benefit the working-class and businesspeople.
