Keynesian: generally favor activist government policies.
What is policies?
A deliberate set of rules designed to direct behaviour and produce logical results is called a policy. A policy is a declaration of intent that is carried out through a procedure or protocol. Typically, a governance body within an organisation adopts policies. Both positivist and interpretivist decision-making can benefit from policies. Policies in use in subjective decision-making typically assist senior management with choices that must be done on the basis merits of a variety of factors, and as a result, are frequently challenging to test objectively. An example of a policy used in this manner is the work-life balance policy. Furthermore, laws, regulations, processes, administrative actions, incentives, and voluntary practises are all examples of policies that are used by governments and other institutions. Resources are frequently distributed in accordance with policy choices. A policy is a blueprint for the repetitive and routine organisational activities.
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