The Promotion and Development of Tourism Is Moving from the ________

question 38

Essay

The promotion and development of tourism is moving from the ________ sector to the
________ sector.

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Definitions:

Transfer Payments

Money or benefits distributed by the government to individuals without requiring a direct exchange of goods or services, often aimed at providing social welfare.

Tax Cuts

Reductions in the amount of tax that individuals or corporations are required to pay to the government.

Corporate Profits

The earnings of companies after all expenses and taxes have been paid.

Tax Revenues

The income that is gained by governments through taxation—funding various public expenses.