ELI5: Explain Like I'm 5

Economic interventionism

Economic interventionism is when a country's government gets involved in the country's economy. This could mean that the government starts or stops certain businesses or industries, sets prices for goods, or puts certain regulations or restrictions in place. Examples of this could be the government setting the price of gasoline, taxes on certain goods, or the government providing grants or subsidies to support certain businesses. The goal of this type of intervention is to make the economy stronger and ensure its stability.