The relationship between politics and economic policy is deeply intertwined, as government decisions significantly impact economic growth, distribution, and stability. Fiscal policies such as taxation and spending influence aggregate demand, while monetary policies regulate the money supply and interest rates. Political ideologies often shape the approaches taken toward economic problems, with left-leaning parties generally favoring intervention and social welfare, while right-leaning ones advocate for free-market solutions and minimal government interference. The aftermath of economic policies can affect elections, public opinion, and overall governance.