What are supply side polcies?

These are policies imposed by the government in order to increase the productive potential of the economy. In simple terms, it is basically a way of making people work better and for companies to produce more of their goods and services. So an example would be if the government decided to invest in free training courses for underskilled workers to train them in new skills, allowing them to be more productive and therefore produce more of a given good.

Answered by Sina S. Economics tutor

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