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Philippines China Japan

Economic Policy Economic Policy Economic Policy


Fiscal policies can contribute The economy of the People's A new labor-standards law
to improvements in equity. Republic of China is caps the amount of allowed
The main ingredients of a developing market- overtime hours, and seeks to
equitable fiscal policy are (1) oriented mixed economy that address the wage gap
implementation of a fair and incorporates economic between regular and non-
efficient system of taxation— planning through industrial regular jobs.
ideally a system of easily policies and strategic five-year
administered taxes, moderate plans.
tax rates, and minimum
number of exemptions.
Foreign Policy
preservation and
enhancement of national
security; (2) protection of the
rights and promotion of the
welfare of overseas Filipinos;
and (3) promotion and
attainment of economic
security.

The German constitution,


the Basic Law (Grundgesetz),
guarantees the right to own
property, freedom of British's profits came primarily from the
Fiscal policies have gradually sale of Indian goods abroad. ... It tried
movement, free choice of reduced yearly deficits and constantly to open new markets for Indian
occupation, freedom of produced a strong primary
goods in Britain and other countries.
Thereby, it increased the export of Indian
Germany
association, and equality
before the law.
Italy
surplus.  United kingdom
manufactures and thus encouraged their
production.

Adolf Hitler came to power with the goal of


establishing a new racial order in Europe
dominated by the German “master race.” British foreign policy initially focused on
This goal drove Nazi foreign policy, which Mussolini's foreign policy was to expand achieving a balance of power within
aimed to: throw off the restrictions the Italian empire and establish Europe, with no one country achieving
imposed by the Treaty of Versailles; dominance. In his first year itself, he dominance over the affairs of the
incorporate territories with ethnic German invaded Corfu, a Greek island, to take continent. This policy remained a major
populations into the Reich revenge for the murder of four Italian justification for Britain's wars against
nationals Napoleon, and for British involvement in
the First and Second World Wars.
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