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Identify and Describe Two Policy Instruments That Rely on Financial

question 35

Essay

Identify and describe two policy instruments that rely on financial means to prompt action by citizens or corporations.


Definitions:

Epistemology

The study of human knowledge and its nature, sources, and justification.

Knowledge

Information, understanding, or skill that one gets from experience or education; the theoretical or practical understanding of a subject.

Jürgen Habermas

A German sociologist and philosopher known for his theory on the public sphere, discourse ethics, and the concept of communicative rationality.

Rationality

Primarily, the ability to think and to act according to goals, plans, and strategies. Rationality is also thinking well and effectively and having good, well-conceived goals, plans, and strategies. In the first instance, rationality is to be contrasted with nonrationality; in the second instance, it is contrasted with irrationality. Worms are nonrational; fools and fanatics are irrational.

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