Електронний багатомовний

термінологічний словник

Electronic Multilingual Terminological Dictionary


Economics

Economic stimulation

Actions by a government, bank, etc. that are intended to encourage activity and growth in the economy, for example, in order to avoid a recession [Cambridge Dictionary].
An economic stimulus is an action by the government to encourage private-sector economic activity. To stimulate the economy, the government adopts targeted, expansionary policies. The economic stimulus may be related to monetary policy carried out by the Federal Reserve. Other forms of economic stimulus are driven by fiscal policy, with lawmakers directing tax policies and government spending toward areas they believe will jumpstart the economy.
Policy tools for implementing economic stimulus include lowering interest rates, increasing government spending, and the purchase of assets by the central bank in a process known as quantitative easing. It is common for the government to adopt stimulus policies during times of recession, but economic stimulus may also be used to provide an additional boost during periods of economic strength [Rasure Erika, Investopedia].

Sources:

Economic stimulation. Cambridge Dictionary. Retrieved from: https://dictionary.cambridge.org/dictionary/english/economic-stimulus

Rasure Erika. Investopedia. What is Economic stimulation? (December 01, 2022). Retrieved from: https://www.investopedia.com/terms/e/economic-stimulus.asp

Part of speech Noun
Countable/uncountable Uncountable
Type Abstract
Gender Neutral
Case Nominative