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Paper 1 Mind Map - Coggle Diagram

- - - - Disadvantages of subsidies are that they can reduce the incentive for firms to cut production costs or to use resources the best way possible to increasing quantity supplied.
    - - Disadvantages of education are that not all campaigns are effective and they take a long time to encourage people to change their habits of not buying organic food (if that's the case agriculturally)
  - - - https://docs.google.com/document/d/1kIHS5ZgNNa094HsMF8yChe4S9N8cpSzSFqbtNcjJQxg/edit?usp=sharing
  - - - https://docs.google.com/document/d/1j6v8_GYtS_t7mDdXZvFZpQ-eduu58H333CuWM9a5ao0/edit?usp=sharing
    - - https://docs.google.com/document/d/1ttf33e1QZEMQcUuNT2751gcOQzDNkCtoBqg23peOUVI/edit?usp=sharing
- - - - Disadvantage: price ceilings can distort market forces by setting a price that is too low as the market ceiling. This will make housing too affordable, contributing to a shortage of that good in the market which causes a deadweight loss.
    - - Disadvantage:
        
        DIrect taxes are many times adjusted to fit into a certain financial label, hence if the person is poorer they will have a greater excuse on paying taxes. However, if the direct taxes are lowered for the whole population, the rich will become even more rich, increasing economic inequality.
  - - - https://docs.google.com/document/d/1NDjmmGEd5ddAelMguVavtEig7VIG12oePh9GQ3mE7X0/edit?usp=sharing
    - - https://docs.google.com/document/d/1FgkGfbUuWLGuEKWzIlUmwcnPOm01XcX2USXLbc_mkXA/edit?usp=sharing