Which economic policy did Reagan focus on to limit government involvement?

The focus on fiscal conservatism during Reagan's administration reflects a commitment to reducing government involvement in the economy. This approach prioritized lowering taxes, controlling government spending, and reducing regulations, aiming to promote individual entrepreneurship and economic growth. Reagan's policies were designed to encourage private sector investment and reduce the federal government's role in economic activities by advocating for a smaller government footprint.

In contrast, the other options point towards different economic philosophies. New Deal policies represent an expansion of government intervention to address economic challenges, progressive taxation implies a larger government role in wealth redistribution, and monetary expansion typically involves increased government interference in monetary policy to stimulate the economy. Thus, the emphasis on fiscal conservatism clearly demonstrates Reagan's goal of limiting government involvement by creating an environment for free-market principles to thrive.