# Which best describes the difference between economic and social policies

Posted By Admin @ September 03, 2022

#### Question:

Which best describes the difference between economic and social policies?

1. Economic policies control the supply of money, while social policies manage spending.
3. Economic policies fund public schools, while social policies provide Social Security.
4. Economic policies manage taxes, while social policies provide public assistance.

4. Economic policies manage taxes, while social policies provide public assistance.

Explanation:

Social policy:

The services like social service ,wale fare states are the social policies .These policy are usually within  a political setting or governmental setting.

Economic policy:

These are the policies which sets levels of   government budget,  interest rates, money management and national ownership.Like collection of taxes.

So the option 4 is correct.

4. Economic policies manage taxes, while social policies provide public assistance.

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