Stimulus packages occur when a government attempts to manipulate the economy by increasing the spending power of businesses and consumers. By instituting stimulus packages, governments hope to move the economy away from recessions and depressions by encouraging people to spend money instead of saving it. Stimulus packages come in a variety of forms, including tax cuts, reduced interest on loans, and direct payments to consumers. One of the most famous was the New Deal, which was issued to... więcej
Salem Press Encyclopedia, 2021. 2p.