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Wednesday, July 31, 2013
IGCSE BUSINESS STUDIES Topic : How government helps businesses
9:09 PM
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How does government help businesses?
Providing cheap loans and giving grants.
Providing advice and information centres for businesses.
Providing college courses and training programmes for entrepreneurs.
Offering subsidies or tax reduction to businesses.
Maintain a stable exchange rate of the currency.
Just a moment…
Why does government help businesses?
To help small businesses to survive and encourage competition in the economy.
To encourage firms to export and earn foreign exchange for the country.
To encourage businesses to set up in underdeveloped regions of the country and create wealth and employment opportunities in these areas.
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