Economic control refers to the methods and policies that governments or organizations use to regulate and influence the economy. This can include measures such as setting interest rates, controlling inflation, and managing public spending. By implementing these strategies, authorities aim to stabilize the economy, promote growth, and ensure a fair distribution of resources. Another aspect of economic control is the regulation of markets and industries. Governments may impose rules to prevent monopolies, protect consumers, and encourage competition. Tools like tariffs and subsidies can also be used to influence trade and support local businesses, ultimately shaping the overall economic landscape.