Stimulus Package
A stimulus package is a set of economic measures designed to support a country's economy during a downturn or crisis. These packages often include direct payments to individuals, tax cuts, and increased government spending on infrastructure and services. The goal is to boost consumer spending and stimulate economic growth.
Governments may implement stimulus packages in response to events like a recession or a natural disaster. For example, during the COVID-19 pandemic, many countries introduced stimulus packages to help citizens and businesses affected by lockdowns. Such measures aim to stabilize the economy and promote recovery.