Fiscal policy refers to the use of government spending and taxation to influence a country’s economy. It can significantly affect technological development by directing resources toward research and innovation. For example, increased government spending on technology-driven projects, subsidies for R&D, or tax incentives for tech startups can accelerate innovation. Conversely, high taxes or reduced public investment can slow technological progress. By strategically using fiscal policy, governments can stimulate sectors like artificial intelligence, renewable energy, and biotechnology, creating employment, boosting productivity, and maintaining global competitiveness in emerging technologies.