Review:
Economic Stimulus Packages
overall review score: 4.5
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score is between 0 and 5
Economic stimulus packages are government initiatives aimed at boosting economic activity during times of downturn or recession by increasing spending and investment.
Key Features
- Increased government spending
- Tax cuts
- Infrastructure projects
- Loans and grants for businesses
Pros
- Stimulates economic growth
- Helps create jobs
- Supports struggling industries
Cons
- Can lead to budget deficits
- May not effectively target areas in need