Asked by Mallika Khullar on Jun 05, 2024

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What is one outcome of implementing government subsidies and tax breaks? 

A)  acceleration of resource conservation 
B)  acceleration of resource development 
C)  deceleration of resource degradation 
D)  deceleration of resource creation

Government Subsidies

Financial assistance provided by the government to individuals, organizations, or industries to support their activities, reduce their costs, or encourage specific economic or social outcomes.

Tax Breaks

Financial incentives or reductions in tax given by the government to encourage certain behaviors or investments.

Resource Conservation

The practice of using natural resources wisely to ensure their availability for future generations, often involving efforts to reduce wastage and promote sustainable use.

  • Understand the significance and effects of state intervention in economic frameworks.
  • Determine methods for realizing environmentally sustainable progress.
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ZK
Zybrea KnightJun 09, 2024
Final Answer :
B
Explanation :
Government subsidies and tax breaks typically encourage businesses to invest in resource development, as they make it financially more feasible for companies to do so. This often results in an acceleration of resource development. While there may be some regulations in place to prevent excessive resource degradation, the overall impact on resource conservation or deceleration of resource degradation is not as direct or significant as the acceleration of resource development. Deceleration of resource creation is not a relevant outcome in this scenario.