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Which is not a way that government provides incentives for innovations?
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∙ 8y ago
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Why should policy makers think about incentives?
Incentives change the way people act towards things, both good and bad.If there are no incentives, people will not want to do anything.If there aretoo many incentives, too many people will try to do the same thing.
What is the connection between incentives and consumer sovereignty in a free market economy?
Consumers are free to spend their income in such a way as to best satisfy their wants, which can be motivated by incentives.
Discuss the role of government as the promoter regulator entrepreneur of industrial development?
The promotional role of the government in relation to industries can be seen as providing finance to industry, in granting various incentives and in creating infrastructure facilities for industrial growth and investment. For example, our government has identified certain backward areas as 'No Industry Districts'. To promote development of such areas, Government provides subsidies and tax holiday to attract investment in backward areas. In this way the government will help the process of balanced development and thereby remove regional disparities. The government is assisting the development of small scale industries. The District Industrial Centers are assisting the development of small industries. The government is actively helping the industrial development of the country by providing finance to them through the development banks.
Explain why there is a need for limited government regulation within the economy?
Limited government allows citizens to have more control over their lives. Of course there are laws in place however, Americans still have freedom and are allowed to do what they want. Limited government provides Americans with the opportunity to be in control of their life and have a say in the way the government is ran.
What are the Four elements of the economic way of thinking?
- Use Assumptions to simplify - Isolate Variables--Ceteris Paribus - Think at the Margin - Rational People Respond to Incentives
What way are innovations in technology and forms of government alike?
they both came about as a result of the enlightenment
In what way are innovations in technology and forms of government alike?
they both came about as a result of the enlightenment
What is one way in which state government provides public safety?
a police force!
Why should policy maker think incentives?
Incentives change the way people act towards things, both good and bad.If there are no incentives, people will not want to do anything.If there aretoo many incentives, too many people will try to do the same thing.
Why should policy makers think about incentives?
Incentives change the way people act towards things, both good and bad.If there are no incentives, people will not want to do anything.If there aretoo many incentives, too many people will try to do the same thing.
What is the connection between incentives and consumer sovereignty in a free market economy?
Consumers are free to spend their income in such a way as to best satisfy their wants, which can be motivated by incentives.
Welfare activities of government of india?
The government of India has several welfare activities with one being ensuring that children get an education. The government also provides workshops and trainings for the youth as a way of empowering them to become productive.
How taxation improves one country?
Provides funds to a government that can only be collecting in this manner. The taxes improve a country if they are used that way.
Should state or federal govenments implement incentives similar to those used for plastic bottles and aluminum cans to encourage more oil recyling?
I think that if the government did have more incentives then people would try harder to recycle it. It would give them a reason to go out of their way to take it to a recycling center or pay for someone to pick it up from their homes or businesses.
Provides a way to establish priorities?
Provides a way to establish priorities, choose policies
What about cash back incentives?
Personally- I think cash incentives are just a way to get you into the showroom. If I am looking for a particular vehicle, I want the bottom line price- no playing games with the figures, it's a waste of their time and mine.
Discuss the role of government as the promoter regulator entrepreneur of industrial development?
The promotional role of the government in relation to industries can be seen as providing finance to industry, in granting various incentives and in creating infrastructure facilities for industrial growth and investment. For example, our government has identified certain backward areas as 'No Industry Districts'. To promote development of such areas, Government provides subsidies and tax holiday to attract investment in backward areas. In this way the government will help the process of balanced development and thereby remove regional disparities. The government is assisting the development of small scale industries. The District Industrial Centers are assisting the development of small industries. The government is actively helping the industrial development of the country by providing finance to them through the development banks.
