Activist Policy

(redirected from Activist Government Policy)

Activist Policy

Any policy whereby a government seeks to direct or affect the economy in which it operates. For example, a government may offer a tax credit to homebuyers to stimulate homeownership. Likewise, it may cut taxes to encourage spending or it may increase its own spending to create demand for goods and services. All governments pursue activist policies inasmuch as they seek to encourage growth; however, the term connotes a policy in which the government plays a more direct role. See also: American Recovery and Reinvestment Act of 2009.
References in periodicals archive ?
The expansion of activist government policy that began with the Bush Administration and that has been pursued even more vigorously by the Obama Administration has invited comparisons to the New Deal legislation of Pres.
This, once again, calls for an activist government policy.