Macroeconomics - Macroeconomic Policies

Macroeconomic Policies

To try to avoid major economic shocks, such as The Great Depression, governments make adjustments through policy changes they hope will stabilize the economy. Governments believe the success of these adjustments is necessary to maintain stability and continue growth. This economic management is achieved through two types of governmental strategies:

  • Fiscal policy
  • Monetary policy

Read more about this topic:  Macroeconomics

Famous quotes containing the word policies:

    “Modern women are squeezed between the devil and the deep blue sea, and there are no lifeboats out there in the form of public policies designed to help these women combine their roles as mothers and as workers.”
    —Sylvia Ann Hewitt (20th century)