3.How did Reagan's style of governing contribute to the Iran-Contra affair?

Ronald Reagan favored less government regulation of the economy. A decade later, neither party—the Republicans nor the Democrats—would argue with that. Reagan also followed a hands-off style in running the government. He delegated authority to those who worked for him, rather than becoming involved in every decision. Several times this approach led to problems.

4.Why did entitlement spending have a negative effect on President Reagan's legacy?

Economic turmoil erupted near the end of Reagan's presidency. Investor fears about the huge budget deficits and rising national debt prompted a stock market crash in 1987. Following six weeks of falling prices, the market suffered a huge 22.6 percent drop on October 19. The speculative bubble of the 1980s had burst.