3278083
Description
Mind Map by Michael Wang, updated more than 1 year ago
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Created by Michael Wang
over 8 years ago
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Chapter 10 Government influence on
businesses- economic policy and
regional policy mind map
- Role of government in economy
- Promote economic growth
- Maintain price stability
- Reduce unemployment
- Control balance payments
- Imports
- Exports
- Imports
- Reduce gap between rich/ poor
- Promote economic growth
- Examples of government influence
- Subsidies
- Green products
- Solar power
- Solar power
- Green products
- Rent free
- Local industry site
- Local industry site
- Create Jobs
- Employment Subsidies
- Depressed Area
- Employment Subsidies
- Government training and advice
- Business product overseas
- Business product overseas
- Subsidies
- Consumer Legislation
- Protection from business
- Business too powerful
- "Monopoly"
- Little competition
- "Monopoly"
- Business too powerful
- Protection from business
- Fiscal Policy
- Change Level
- Taxation
- Gov. spending
- Taxation
- Help achieve aims
- Lower Tax
- More jobs
- More money
- More demand
- More demand
- More money
- More jobs
- Lower Tax
- Change Level
- Regional Policy
- Solve regional problems
- Income inequality
- Unemployement
- Income inequality
- Attract businesses to run-down areas
- Solve regional problems
- Why do government influence businesses?
- Consumers
- Consumer Protection from business
- Business too powerful
- "Monopoly"
- Little competition
- "Monopoly"
- Business too powerful
- Exploiting consumers
- Consumer Protection from business
- Boom/Recession
- Control impact of businesses
- Environment
- People
- Environment
- Employees
- Safety
- Not exploited
- Safety
- Environmental
- Damage
- Waste disposal
- Kill plant
- Kill animal
- Toxic
- Kill plant
- Waste disposal
- Damage
- Consumers
- Government Expenditures
- Range of services
- Healthcare
- Education
- Defence
- Transport
- policing
- Healthcare
- Higher spending
- Welcomed by business
- Depends on where money is spent
- Depends on where money is spent
- Welcomed by business
- Range of services
- Taxation
- Direct
- Charged on income
- Charged on income
- Indirect
- Put on spending
- Put on spending
- Lowered
- More spending
- Increase product
- Raise price
- Increase product
- More spending
- Raised
- Cutting investments
- reduce dividends
- Cutting investments
- Direct
- Monetary policy
- Adjust money supply
- Interest rates
- Interest rates
- Interest increase
- Cost rise
- Reduce profit
- Reduce profit
- Cost rise
- Purchase of capital goods discouraged
- Expensive
- Expensive
- Mortgage payments rise
- Less to spend
- Less to spend
- Change in interest rate
- Impact on business with debt
- Impact on business with debt
- Adjust money supply
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