What Real Costs Do Local Communities Often Assume Through Negotiations

question 47

Multiple Choice

What real costs do local communities often assume through negotiations with relocating companies?

• A)build industrial parks on city-owned property.
• B)under funding for local social services.
• C)company's tax cuts (lower local revenues) and subsidized utilities.
• D)build additional local infrastructure (such as streets, sewers).
• E)all of the above.

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Definitions:

Demographic Transition

A model describing how the birth and death rates in a population change from high to low levels as a country develops economically.

Demographic Transition Theory

Argument that countries pass through a consistent sequence of population patterns linked to the degree of development and ending with a low birth and death rate.

Social Change

Significant alteration over time in behavior patterns and cultural values and norms of a society.

Innovations

The introduction or creation of new ideas, methods, products, or services that bring change or improvement.