how does our government encourage
Answers
Answer:
Governments seek to implement subsidies to encourage production and consumption in specific industries. ... This increases the overall supply of that good or service, which increases the quantity demanded of that good or service and lowers the overall price of the good or service
Explanation:
Answer:
Government has a variety of policy tools for increasing the rate of return for new technology and encouraging its development, including: direct government funding of R&D, tax incentives for R&D, protection of intellectual property, and forming cooperative relationships between universities and the private sector......
Governments seek to implement subsidies to encourage production and consumption in specific industries. ... This increases the overall supply of that good or service, which increases the quantity demanded of that good or service and lowers the overall price of the good or service.......