Economic Relief
Economic relief refers to measures taken by governments or organizations to support individuals and businesses facing financial difficulties. This can include direct cash payments, unemployment benefits, or grants to help cover essential expenses. The goal is to alleviate the economic burden on those affected by crises, such as natural disasters or economic downturns.
Programs for economic relief often target vulnerable populations, including low-income families and small businesses. By providing financial assistance, these initiatives aim to stimulate the economy, promote recovery, and ensure that people can meet their basic needs during challenging times. Examples include stimulus checks and small business loans.