A government program to create affordable housing for low income families is an example of an economic policy.

Question

Quizplus · Accepted Answer

Economic policy refers to the actions that governments take in the economic field. It encompasses a wide range of activities, including setting interest rates, creating budgets, and making regulations to control or encourage specific economic activities. A government program to create affordable housing for low-income families directly impacts the economy by influencing housing supply, demand, and affordability, thus qualifying as an economic policy.

A Government Program to Create Affordable Housing for Low Income