Businesspersons and organizations are often critical of what they perceive to be costly and inappropriate social programs directed at individuals.On the other hand,businesses rarely turn down tax incentives and loan guarantees that enable them to lower costs and increase their returns to shareholders.The term _________ is derogatively applied to businesses that accept such financial offerings from government.

Question

Quizplus · Accepted Answer

The term derogatively applied to businesses that accept financial offerings from the government is corporate welfare. This term refers to tax incentives, subsidies, or loan guarantees provided by the government to corporations that help them reduce costs, increase profits, or undertake large-scale projects.

Businesspersons and Organizations Are Often Critical of What They Perceive