The most sweeping federal law that restricts the employment and abuse of child workers is the Fair Labor Standards Act (FLSA). Child labor provisions under FLSA are designed to protect the educational opportunities of youth and prohibit their employment in jobs that are detrimental to their health and safety. I hope this information helps your question.
When a country uses changes to taxes and spending to influence the macroeconomy, it is called fiscal policy.
The use of government spending and tax policies to influence economic conditions, particularly macroeconomic conditions, is referred to as fiscal policy. These include total goods and services demand, employment, inflation, and economic growth.
During a recession, the government may reduce tax rates or increase spending in order to stimulate demand and economic activity. To combat inflation, it may raise interest rates or cut spending to cool the economy.
Fiscal policy is frequently contrasted with monetary policy, which is implemented by central bankers rather than elected officials.
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