3.7. Supply-Side Policies
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Last updated 4:37 AM on 6/24/24
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6 Terms
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Supply Side
Policies that aim to improve the quality and/or quantity of the factors of production
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Market Based
Policies that aim to improve the quality and/or quantity of the factors of production by reducing government intervention to increase efficiency.
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Privatisation
Selling government-owned assets to private investors
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Deregulation
Removing unnecessary rules & processes that promote inefficiency.
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Labour Market Reforms
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Interventionist
Policies that aim to improve the quality and/or quantity of the factors of production by involving active government intervention.
