#Forbegginers

What is fiscal policy:

Fiscal policy refers to the use of government spending and taxation to influence the economy. It's a tool that governments use to manage macroeconomic conditions like economic growth, employment, and inflation.

How Fiscal Policy Reduces Poverty:

• Government spending on services – More money for education, healthcare, and housing helps poor people improve their lives.

• Job creation – By spending on infrastructure (like roads and schools), the government creates jobs and income.

• Welfare and subsidies – Providing financial help to low-income families reduces hardship.

• Progressive taxation – Rich people pay more taxes, and that money is used to support the poor.

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