Asked by Mallika Khullar on Jun 05, 2024
Verified
What is one outcome of implementing government subsidies and tax breaks?
A) acceleration of resource conservation
B) acceleration of resource development
C) deceleration of resource degradation
D) deceleration of resource creation
Government Subsidies
Financial assistance provided by the government to individuals, organizations, or industries to support their activities, reduce their costs, or encourage specific economic or social outcomes.
Tax Breaks
Financial incentives or reductions in tax given by the government to encourage certain behaviors or investments.
Resource Conservation
The practice of using natural resources wisely to ensure their availability for future generations, often involving efforts to reduce wastage and promote sustainable use.
- Understand the significance and effects of state intervention in economic frameworks.
- Determine methods for realizing environmentally sustainable progress.
Verified Answer
Learning Objectives
- Understand the significance and effects of state intervention in economic frameworks.
- Determine methods for realizing environmentally sustainable progress.
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