IndexIntroductionFiscal PolicyMonetary PolicyIntroductionChanges in monetary and fiscal policy can have a huge effect on most companies operating within the country, the company I choose to evaluate the changes brought about by fiscal policy and monetary changes are Primark. The effect of changes made in fiscal and monetary policy varies greatly on the economy or activity within the country. For example, any current change in monetary or fiscal policy would have a huge effect on the country due to the pound being at historic lows. Therefore most companies currently have to plan for the future and this could mean job cuts. This is why economists must be careful when choosing to use a fiscal or monetary policy since the well-being and stability of the company depends on that decision. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original EssayFiscal PolicyA fiscal policy is a way in which the government can view countries' spending and use this spending to channel it towards investment in the country as well as taxation. The main spending for a country like the UK is through different types of benefits. Pensions: This is the number one cost to taxpayers as over 30% of popular taxes go to fund the well-being of the elderly. Especially since almost all retirees receive some sort of benefit from the government. Health/Emergency Services: These are services including the NHS, police and ambulance services that will come to the aid of any person who is currently in the UK. free. Education: Education is free for all UK residents aged 18 or over. Transportation: Many different types of people receive free transportation or transportation is subsidized so they can afford the costs. Investments Government actions such as those mentioned above have a drastic effect on a company in many ways, first of all if the Government had not paid through the NHS and provided free healthcare then they would have been fully responsible for the employer, in this case Primark to ensure that all its employees are at full working order and, if an employee were to become ill, to take responsibility for ensuring that Primark pays medical bills if the government were to stop providing free healthcare for British citizens this would cost a lot to the company as they should make sure that all their employees have health insurance. Another way in which tax policy affects a company like Primark is in the transport sector, because if the government was to stop subsidizing transport and make it accessible to people, then people would not be able to travel into cities to an affordable price to go to work, this means that people would have to work very close to where they live and this could mean that there is a shortage of jobs. This means that the main arc may have to pay to transport people because they simply don't get paid enough to justify the trip. This is because Prime I does not have a large amount of shops, however the shops they do have require a huge amount of staff and this means people travel long distances to get to work. The two main areas of tax policy are an investment we have already covered taxation as well. They exist.
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