Question:

What are the Monetary or fiscal policies of the meat industry?

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I would like to find a few articles on the monetary and fiscal policies of the meat/chicken industry. I just ran into a road block and can't seem to find any sources for this. I would greatly appreciate any help that you all could give me!

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3 ANSWERS


  1. Fiscal policy is the policy that government adopts to curb spending through increasing taxes or decreasing taxes. Monetary policy refers to the policy the Central bank applies through increasing or decreasing the cash rate to curb inflation. Both policy's are not industry specific.


  2. In very simple terms, monetary policy is control of the economy by controlling interest rates and fiscal policy is government actions via their budgets (tax and spending). Although monetary policy is a 'get them all' approach, fiscal policy can be directed  toward specific industries. The influences of certain Monetary policies that adversely certain industries can be overcome in budgets (fiscal policies) to overcome these adverse affects.

  3. Monetary policies don´t usually focus on a specific industry. But Government can design a plan to reduce rates of interest for a particular industry and that´s the way a monetary policy is applied to a sector. Most times r=r(M), rates of interest are directly related to the monetary mass and this means that government is changing or correcting market decisions.

    A fiscal policy is applied to accelerate some investments. This plans help the meat industry buy modern equipment. Government through this policies applies lower rates of taxes if the meat industry respect a plan that can include investments, restrictions in supply, wages, size etc.

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