The basic argument for government grants and contracts in support of civilian technology is that they
A) make it easier to predict the social costs and benefits of a proposed project.
B) are both direct and selective.
C) provide better investment qualities than market incentives.
D) enable the government to earn money on the patents it acquires as a result of these grants.
E) decrease the market rate of interest on investment funds since banks need to be responsible for funding high-risk R&D activities.

Question

Quizplus · Accepted Answer

Government grants and contracts are both direct, meaning they provide specific funding for specific projects, and selective, meaning they target particular areas or industries for support. This allows for focused investment in areas deemed important for national interests or development.

The Basic Argument for Government Grants and Contracts in Support