Fiscal Policy: This is the use of government spending and taxation policies to influence economic conditions. During times of economic recovery, governments often implement expansionary fiscal policies such as increased public spending or tax cuts.
Monetary Policy: This refers to actions taken by a country's central bank (like the Federal Reserve in the United States) to manage interest rates and control money supply in order to achieve economic goals like stability or growth.
Infrastructure Investment: Investing in infrastructure projects such as building roads, bridges, airports, or upgrading public transportation systems can be a means of stimulating economic recovery by creating jobs and improving productivity.