Fiscal Policy. Fiscal Policy refers to the use of the spending levels and tax rates to influence the economy. It is the sister strategy to monetary policy which deals with the central bankâs influence over a nationâs money supply. The governing bodies use combinations of both these policies to achieve the desired economic goals.
Definition of carriage trade. : trade from well-to-do or upper-class people; also : well-to-do people.
Retail Trade. a component of domestic trade and the concluding phase of the circulation of personal consumption, in which goods and services are sold in exchange for the monetary income of the population.he retail trade system also includes the kolkhoz trade. In the cities, retail trade is carried on primarily by special state trade organizations of the ministries of trade of the USSR and the Union republics, and in the countryside, by the consumer cooperatives.