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Q: What are two ways by which the Caribbean government can offer incentives to farmers?
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Continue Learning about Economics

Do you think most managers use punishment?

No, many managers improve performance by rewarding their employees. They offer them incentives to help them meet their quotas when they work.


When the government produces goods and services does it always compete with producers in the private sector?

The government generally steps in, in cases where there is market failure, where the market fails to make efficient allocation. In the government's model (or the public sector) there is no price competition i.e. the government's aim is to provide good quality output such that both ends benefit (that is the producer and the consumer) in terms of price paid. For ex: The government offers a reserve price for farmers so that if private players offer a lower price farmers can realise atleast the minimum reserve price by selling to the government, while they output gets distributed at the PDS at a price lower than private players offer, because the objective of the government unlike private sector is not profit making but efficient allocation in an attempt to make all better off. In some cases there is no alternative but government taking responsibility like for public goods, because of the property of non-exclusion.


Why do cities hold great potentials as engines of economic growth?

Cities are engines of economic growth because they have the ability to offer incentives to businesses so that they will build and develop in the city to provide jobs. A city is run by the people who elect officials to represent them. Offering incentives to people is also a good idea for economic growth.


Several ways that governments can foster entrepreneurship and encourage the creation of wealth?

* Offer tax incentives to start up businesses such as a lower tax rate or no federal taxes for the first year * Provide grants to entrepreneurs who can provide a solid business plan


Aim of a public sector business?

The aim of a public sector business, is to make profits just like the private sector. Public sector is run by the government on behalf of the public and mostly offer government services.

Related questions

Why does the government give tax incentives for business?

government incentives are necessary for the government to offer to businesses for various reasons such as the government would want to create industrialization and development in an area and this is one big reason to why government offer incentives and to the businesses; is that the business can expand and enjoy economies of scale.


Does the government offer incentives to use hydrogen fuel cell generators as a power source?

Yes, many institution will provide incentives for any renewable energy and hydrogen is one of them. Check your state first then the federal government to see what your entitled to.


What type of incentives does the government offer to entice families to reduce their carbon emissions?

Carrot? Stick! They pass laws with penalties.


What brands offer the best car incentives?

Currently Toyota is offering the best incentives for cars. This is due to the safey concerns.


That the government should offer more incentives for people to buy hybrid and other fuel-efficient vehicles?

The US government does offer rebates for the purchase of hybrid cars like the Toyota Prius. Its called the Fuel Efficient Vehicle Tax Incentive and you can found out more about it when you have your taxes done.


What month has the best vehicle incentives?

March or April is one of the best months for vehicle incentives. Most car dealers will offer incentives all year round for models that aren't selling.


What incentives does Chrysler offer to convince people to purchase their vehicles?

Chrysler offers loyalty, conquest, miltary and student incentives. They also offer rebates such as no money down, check in the mail and apply them to the purchase.


Are there any websites that offer Caribbean cruise deals?

Yes, there are websites that offer Caribbean cruise deals. Several of these websites include www.citravel.com, www.cruisesonly.com/Caribbean, and www.windstarcruises.com.


What incentives might Cadillac offer when leasing a vehicle?

Cadillac's most popular dealer incentives are discounts of $1000. They also offer interest free credit for varying term lengths, from 12 to 60 months.


What incentives does Pontiac offer their potential buyers?

There are many incentives that Pontiac offers to their potential buyers. There are many things that car manufactures like Pontiac offer new buyers like rebates that lower the price.


What did President Theodore Roosevelt mean by the Square deal?

that the government should offer each person an equal opportunity to succeed


What Incentives do the automobile industry offer customers to induce them to buy cars?

TheyOfferTheseNuts