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Sagot :
The history of the textile industry raises important questions for economic policy. its true .
The methods for determining tax rates, government spending, the money supply, and interest rates, as well as the labor market, national ownership, and many other areas of government interventions in the economy, are all included in the concept of the economy of governments. The majority of economic policy elements fall into one of two categories: monetary policy, which deals with central bank activities related to the money supply and interest rates, or fiscal policy, which deals with government actions related to taxation and spending. International organizations like the International Monetary Fund and the World Bank, as well as political ideologies and the ensuing party policies, frequently have an impact on such policies.
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