<span>The Monetary policy is naturally applied in
a bank central, while the fiscal policy verdicts are agreed by the general
government. On the other hand, both the fiscal policy and monetary policy can
be used to influence the economy’s performance in the short.</span>
<span>Monetary and Fiscal policy both impact our economy, and have similar goals such as trying to keep inflation at a low rate, helping to achieve full employment and maintain economic growth.The difference between monetary and fiscal policy is that monetary policy is typically implemented by a central bank, while the fiscal policy decisions are set by the national government.
The differences between the two countries stems from their ideologies. Communism was the ideology followed by the Soviet Union while capitalism was the ideology of the US
It was an attempt to assert the rights of the colonists while maintaining their loyalty to the British crown. to best if my knowledge hope this helps you out..