The Reason Why Public Subsidization of Industries in Less-Developed Countries

question 22

Multiple Choice

The reason why public subsidization of industries in less-developed countries tends to result in slow economic growth is that:

• A)when companies face no competition, there is no incentive for them to improve their production.
• B)too much of the taxpayer's money is spent in these programs.
• C)consumers tend to develop an aversion to buying subsidized goods and services.
• D)subsidies tend to create too much competition for products.
• E)subsidization creates shortage in the product market.

Realize the significance of research and strategic planning in employing trending topics or hashtags.

Understand the principles behind effective writing for social media and common practices.

Acknowledge the basics of creating a social media style guide and content policies.

Analyze the impact of writing styles on a brand’s social media identity and audience engagement.

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Definitions:

Market Signal

Information or indicators that guide economic agents in making decisions about buying, selling, entering, or exiting markets based on current or future trends and conditions.

Productive Individuals

Individuals who contribute positively to economic, cultural, or social processes through their work or creativity.

Work Place

A location where people are employed and engage in various activities to earn a living.

Lemons

In economic terms, refers to the problem of asymmetric information regarding the quality of products, especially used goods that are subpar or defective.