Government Policies | Baamboozle - Baamboozle | The Most Fun Classroom Games!

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Which policy deals with interest rates and money supply?

Monetary policy.

What is inflation?

A general increase in prices.

What does redistributing wealth mean?

Using taxes and welfare to reduce the gap between rich and poor.

Name three government departments

Department of Health/ Department of Education/ Department of Finance/ Department of Social/ Protection /Department of Transport/ ETC

Give one positive impact of government policy on households.

Higher standard of living / better public services

Who benefits from increased government spending on healthcare?

Individuals and society.

What is one negative impact of government policy on businesses?

Increased costs / reduced profits.

Name one aim of government economic policy.

Economic growth / employment / redistributing wealth / developing infrastructure / regional development.

Give one example of fiscal policy.

Increasing taxes / government spending / reducing VAT.

Which policy can help protect the environment?

Carbon tax.

Give one example of infrastructure.

Roads / hospitals / schools / public transport.

Why should we evaluate media sources carefully?

Media can be biased and influence opinions.

What is an economic policy?

A plan or decision made by the government to influence the economy.

Why does the government aim to promote economic growth?

To create jobs and increase incomes.

How can government policy help businesses?

Grants, supports, or encouraging new start-ups.

What are the two main types of government economic policy?

Fiscal policy and monetary policy.

Give one negative impact of government policy on households.

Higher taxes / higher interest rates.

How can government policy benefit society?

Increased employment / improved health.

Which policy deals with tax and government spending?

Fiscal policy.