Economic stimulus packages

Economic stimulus packages are government measures designed to boost a country's economy during downturns. They typically involve government spending, tax cuts, or financial aid to businesses and individuals to increase consumption and investment. The goal is to stimulate demand, create jobs, and prevent economic decline. By putting more money into consumers' hands or supporting key industries, the government aims to accelerate economic growth and stabilize markets. These packages are often used during recessions or crises to mitigate negative impacts and promote recovery.