What was one of the main goals of Reagan's economic policies?

One of the main goals of Reagan's economic policies was to decrease regulations on businesses. This approach was part of a broader economic strategy known as "Reaganomics," which aimed to stimulate economic growth by promoting free-market principles. By reducing the regulatory burden on businesses, the intention was to encourage investment, innovation, and job creation. This deregulation was believed to lead to increased competition and efficiency in the marketplace, ultimately benefiting consumers and the economy as a whole. Reagan's policies were grounded in the idea that less government intervention would allow the private sector to thrive, thus contributing to overall economic prosperity.