Economic policy refers to the actions and strategies implemented by a government or political authority to influence its economy. This encompasses a range of decisions related to fiscal policy (government spending and taxation), monetary policy (control of the money supply and interest rates), and regulatory measures that affect economic performance. The primary objectives of economic policy typically include promoting economic growth, ensuring stability, reducing unemployment, and controlling inflation. Economic policies are used to manage the economy’s overall health and to address specific issues such as poverty, inequality, and market failures. These policies can vary widely depending on the political ideology of the governing body, economic conditions, and societal needs.
Get Ready for Major Changes in 2025 In just two years, countless families will gain access to a groundbreaking Social Security lifelong assistance program that could provide up to €1,500…