Fiscal policies shape economy and society, impacting business and social life.
Fiscal policies play a crucial role in balancing the economy and affecting our daily lives. This article explores two main types of fiscal policies: deliberate policies set by the government to control economic growth, and automatic stabilizers that adjust payments based on economic conditions. Deliberate policies involve government intervention, while automatic stabilizers work without direct government action. The study shows that understanding these policies helps us grasp how they function and their impact on the economy.