Stimulus Package

Definition

A stimulus package refers to a set of economic measures implemented by the government to boost economic growth during periods of recession or slow growth. It typically involves increased government spending, tax cuts, or other incentives aimed at stimulating consumer spending and investment.

Related terms

Fiscal Policy: Government policies related to taxing and spending that influence economic conditions.

Monetary Policy: Policies enacted by central banks like the Federal Reserve to control money supply and interest rates in order to stabilize the economy.

Infrastructure Investment: Government spending on public infrastructure projects like roads, bridges, and schools with the aim of stimulating economic growth.