The city of Whispering Falls is trying to boost its economy by offering large corporations low taxes and economic assistance to locate in an industrial park within the city limits. Such a strategy is referred to as ________.

Question

Quizplus · Accepted Answer

Establishing an enterprise zone involves offering economic incentives to attract businesses and boost the local economy. Redlining refers to discriminatory lending practices, gentrification refers to the process of wealthier individuals moving into a lower-income neighborhood and changing its character, and urban renewal typically involves demolishing and rebuilding existing structures in an effort to revitalize blighted areas.

The City of Whispering Falls Is Trying to Boost Its