Describe the economic powers devolved to the Scottish Parliament
Block Type
Knowledge Checkpoint
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Knowledge Checkpoint: Describe the economic powers devolved to the Scottish Parliament
The Scottish Parliament has the power to raise some taxes. For example, it can alter the rates of income tax in Scotland, which can directly affect the disposable income of households and the revenues of the Scottish government.
The Scottish Parliament can make budgetary decisions. For instance, it can allocate funds towards specific areas such as health and education, influencing the development and growth of these sectors within Scotland.
There are a number of other powers available to the Scottish Government
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Knowledge Checkpoint: Can you name some examples of policies demonstrating devolution in action?