Section 5
Politics and Economic Policy
By Boundless
Fiscal policy is the use of government revenue collection (taxation) and expenditure (spending) to influence the economy.
Deficit spending and public debt are controversial issues within economic policy debates.
Monetary policy is the process by which a country controls the supply of money in order to promote economic growth and stability.
Income security policy is designed to provide a population with income at times when they are unable to care for themselves.
The role of the federal government in the economy has been a central debate among economists and political scientists for two centuries.
Global political instability is rising fast due to the global financial crisis and is creating new challenges that need to be managed.
The relationship between business and labor has been at the center of economic and political theory for the last two centuries.