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SUPPLY SIDE POLICY - Coggle Diagram

- - - - No returns required to govt.
  - - - Education and skill training is one of the best ways to directly improve living standards and ensure economic growth and development of an individual
    - - more labour producing more efficiently means more production
        
        PRODUCTION INCREASED
  - - - adjusting trade barriers will change the supply of the goods/services that enter the market
  - - - Private companies usually have a high profit
        
        Privatization of public/nationalized companies adjusts supply to its optimum and shifts focus from only public welfare to overall satisfaction
  - - - hygiene
      - advertisement laws
      - limit of production
      - price capping
      - production methods
      - deregulation eases supply and gives producers more flexibility
        
        allows them to react faster to changes in demand