Local and State Governments Should Assess Hazard Districts with Lower

question 2

True/False

Local and state governments should assess hazard districts with lower tax rates or impact fees, while increasing taxes and fees for properties built in safer locations.

---

Definitions:

Growth Stage

A phase within the product life cycle characterized by rapid market acceptance and increasing profits.

Product Life Cycle

The sequence of stages from introduction to growth, maturity, and decline that a product goes through during its time on the market.

Product Life Cycle

The stages a product goes through from introduction to growth, maturity, and decline in the market.

Consumers

Individuals or groups who purchase goods and services for personal use.