Government Intervention

Definition

Government intervention refers to actions taken by authorities (such as laws or policies) that impact or influence economic activities. It can include regulations, subsidies, taxation policies, etc., designed to shape market behavior.

Related terms

Fiscal Policy: Government actions concerning spending and taxation aimed at influencing economic conditions.

Monetary Policy: The use of interest rates and other tools by the central bank to manage the money supply, control inflation, and stabilize the economy.

Deregulation: The process of reducing or eliminating government regulations on businesses or industries to encourage greater competition or efficiency.