Economic stimulus refers to actions taken by a government to encourage economic growth, especially during times of recession or slow growth. This can include measures like increasing government spending, cutting taxes, or providing direct payments to citizens. The goal is to boost consumer spending and business investment, which can help create jobs and increase overall economic activity.
One common form of economic stimulus is the issuance of stimulus checks to individuals, which puts money directly into the hands of consumers. When people receive these checks, they are more likely to spend on goods and services, benefiting businesses and helping the economy recover. This approach is often used during challenging economic times to jumpstart growth.