Government Policy

Deficiency Payment
A subsidy paid to farmers when the prices at which certain products can be sold are below a target set by government policy.
Chicago School
Definition and exploration of the Chicago School of Economics and its principles
Laissez-faire
A policy advocating minimal government intervention in the economy, where market forces are allowed to operate freely.
Monopoly Policy
An overview of government policy towards monopolies, including motivations, strategies, and approaches.
Nationalization
The process of bringing resources and activities formerly operated by private businesses or local organizations under government ownership and control.
Tax Credit - Definition and Meaning
An overview and in-depth analysis of tax credits, their criteria, and impacts within various economic frameworks.
Tax Expenditure
A means by which the government can encourage particular activities without formally making expenditures.
Tax Holiday
A limited period of tax-free operation, or of specially reduced taxation, used to stimulate investment.