The correct answer is:
Critics of Reaganomics called the policy "Trickle-Down economics" because they believed the wealth created in businesses would not reach the middle class and poor.
This term refers to the idea that policies benefiting the wealthy and businesses would lead to economic benefits trickling down to the rest of society. Critics argued that instead of benefiting everyone, the wealth would stay concentrated at the top, leaving the middle class and the poor with limited or no improvements in their economic well-being. This critique suggests that the policies favored the rich and powerful without adequately addressing the needs of those lower on the economic ladder.
