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Legislators Often Have Difficulty Passing Legislation with Widespread Benefits, but That

question 22

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Legislators often have difficulty passing legislation with widespread benefits, but that imposes concentrated costs because those who bear the costs will __________ the legislation, while those who would reap the benefits will __________ the legislation.


Definitions:

Innovation

The introduction of new ideas, methods, or products, which can drive economic growth and enhance efficiency or quality.

Invention

The creation of a new product or process through the use of unique ideas or the innovative recombination of existing ideas.

Start-up

A new business venture in its early stages, typically characterized by high uncertainty and potential for growth.

Google

A multinational technology company specializing in Internet-related services and products, including online search, advertising, and software.

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