The Primary Objective of a Sin Tax Is to Generate

question 238

True/False

The primary objective of a sin tax is to generate additional revenue for the government.

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Definitions:

Democratic

Pertaining to a system of government by the whole population or all the eligible members of a state, typically through elected representatives.

Buying Centers

Groups within an organization that make purchasing decisions, comprising individuals with different roles such as users, influencers, deciders, approvers, and gatekeepers.

Repossession Services

Businesses that specialize in reclaiming property on behalf of creditors when borrowers default on their loans.

Buying Process

The series of steps a consumer goes through before purchasing a product or service, from recognizing a need to making the purchase decision.