Question

Which best describes the difference between economic and social policies?

Answer 1

The correct answer is D. Economic policies manage taxes but social policies they do provide public assistance.

Economic market is the government intervention to the economy which sets levels of money supply, government budget, labor market, interest rates, and national ownership.

Social policy is termed as a policy which is found in the political setting on governmental. For example, welfare state and social services

Answer 2

Answer: D:Economic policies manage taxes but social policies they do provide public assistance.

Explanation:

Economic market is the government intervention to the economy which sets levels of money supply, government budget, labour market, interest rates, and national ownership.

Social policy is termed as a policy which is found in the political setting on governmental. For example, welfare state and social services.