Why are economics and politics related?

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2026-07-10 06:20

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The link between economics and political science is economic policy. These are rules, or regulation, or policies that politicians make concerning the economy. Economic policy is a vast area that range from minimum wage to taxation to banking regulations. They have both political and economics consequences.

A large portion of politics is about how government can (or should) influence the economy. The study of these economic effects relate to (a portion of) political science.

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