Concerns over the high costs of some economic incentives have led to the use of
A) gentrification, whereby a subsidized firm must pay interest on incentives for a prescribed number of years.
B) agreements between jurisdictions that result in blackballing firms that fail to live up to their agreements.
C) a referendum, by which the voters decide what incentives are to be extended to firms considering relocating in the jurisdiction.
D) clawbacks, whereby a subsidized firm must repay all or part of a subsidy if the firm fails to deliver on its promises.
Correct Answer:
Verified
Q33: Some believe that industry-university collaboration can mean
Q34: In some states, one successful partnership to
Q35: Economic development is a process by which
Q36: Because the second wave of government-sponsored economic
Q37: Once an economic development strategy is in
Q39: Jurisdictions compete for major investments such as
Q40: Business leaders believe that because their success
Q41: While some have strongly criticized states for
Q42: You are the economic development secretary for
Q43: Through their strategic planning process to stimulate
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents