Asked by Pierre Chew Seng Yaw on Jun 12, 2024
Verified
Should government subsidize corporate relocations?
Corporate Relocations
The process of a company moving its operations, headquarters, or facilities from one location to another.
- Analyze the impact of governmental actions on economic activities by examining methods including subsidies and the reduction of regulations.
Verified Answer
DM
Diana MerceaJun 15, 2024
Final Answer :
No, research indicates that location subsidies are largely a waste of money. Seventy-five percent of businesses considering a new location end up going with their original, or first choice, anyway. For those companies, the subsidies are just a nice unearned windfall. For cities and governments, the subsidies represent a tremendous waste of taxpayer money.
Learning Objectives
- Analyze the impact of governmental actions on economic activities by examining methods including subsidies and the reduction of regulations.
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