Which of the following is considered a form of government action under fiscal policy?

Implementing tax cuts is considered a form of government action under fiscal policy because fiscal policy primarily involves the government's use of taxation and spending to influence the economy. When a government enacts tax cuts, it directly affects disposable income for individuals and businesses, which can lead to increased consumer spending and investment. This can stimulate economic growth, particularly during periods of economic downturn.

In contrast, developing educational programs may indirectly benefit the economy over the long term but does not have an immediate impact as a monetary policy tool. Establishing corporate alliances is more related to business strategies and relationships rather than direct government financial policy. Managing local businesses does not typically fall under the domain of fiscal policy, as fiscal policy is focused on broader economic mechanisms like taxation and government spending rather than direct intervention in the operations of businesses.