In the year 1980, Ronald Reagan won the Presidential Election of the United States. He pursued policies that emphasized personal freedom, expanded the scope of the military, improved the US economy and brought an end to the Cold War. The economy policies that were enacted in 1981 were called Reaganomics. The economic policies aimed at reduction in social spending and enhancing entrepreneurship. Due to his political excellence, he won a second term in 1985.

Ronald Reagan is the oldest President of the United States; he was 77 years old when he left the office in 1989. He died on June 5, 2004, due to pneumonia. The life of Ronald Reagan has taught us a wonderful lesson that if you strive honestly in life, then success is guaranteed. Due to his strong pathbreaking political views, the world remembers him by the name 'The Gipper' and 'The Great Communicator'.