Fiscal Policy | Estateplanning | Vibepedia.Network

Fiscal policy is the use of government revenue collection and expenditure to influence a country's economy, developed in reaction to the Great Depression of the 1930s. Based on the theories of John Maynard Keynes, fiscal policy aims to influence aggregate demand and economic activity. Alongside monetary policy, fiscal policy is a key strategy used by governments and central banks to advance economic objectives, targeting inflation and employment.