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From course:

Economics A Level (DONEEEEEEE)

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Question:

How can Governments use Fiscal Policy to Tackle Poverty?

Author: eric_galvao



Answer:

-Spending on Benefits: Universal Credit, Pensions and more helps Those who aren't able to Work, thus Reducing Poverty -Provide Goods and Services: Lowers the Costs for those in Poverty and allows Access to those Essentials. This can also Improve Human Capital -Progressive Taxation: Narrows the Gap between People's Disposable Income. Revenue raised can go into Benefits and Provision of Merit Goods / Public Goods -If Growth is Achieved, then more Jobs and Higher Incomes is Achieved


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