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Write a two paragraph persuasive essay and how important economic forces are in society

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mel3351

Economics has a framework for the understanding of the actions and decisions of individuals, businesses and governments. It provides meanings to understand interactions in a market-driven society and for analyzing government policies that affect the families, jobs and lives of people and citizens.

Economic Forces are forces like as such monetary and fiscal policies., interest rate,. employment, inflation rate, demographic changes, political changes, energy, security, and natural disasters. All of those effect directly on how businesses dispense and make their products and services.

as I learned from man's did search/research on with by using Study.com

Economic forces are important to society as they help in making vital economic decisions in the country.

It should be noted that government uses fiscal policies and monetary policies to improve the economy.

For example, during a period of inflation, the government can increase tax rates in order to reduce the purchasing ability of the people in the society.

In conclusion, different economic policies are put in place to have a positive impact on the economy.

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