Economic policies refer to government strategies and actions aimed at managing economic activities within a nation or region. These policies can include taxation, trade regulations, subsidies, or monetary measures.
Related terms
Tariffs: Taxes imposed on imported goods to protect domestic industries or generate revenue for the government.
Laissez-faire: An economic philosophy advocating minimal government intervention in market activities.
Inflation: A sustained increase in the general price level of goods and services in an economy over time.