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Supply-side policy instrument - Coggle Diagram
Supply-side policy instrument
Selective tax incentives
Reduce payroll or income
Reducing taxes on the profits of those companies
Reducing taxes on profit to encourage
tax cut targeted at different groups
Selective Subsidies
Non-repayable sum of money or 'grant'
new small business
Farms to them to expand food production
capaital investments in new techonologies
investment in skill, training
Encourage firms to provide more training
investment in research and development
products and production process
improving education and training
help to produce goods and services
educated and trained workforce
industry are risisng as global copetition
intesifies
technology advances rapidly
well educated and training workforce
adapt new production methods
labour market reforms
Implove economic performance
increase welfare
competetion policy
competiton for coustumers and sales forces film
this keep their cost and
product price low
improve their product and coustumers services
Regulation
Rules and lakes to regulate certain activities
Deregulation
help to remove burdens on busines
reduce their product
revoving old nd unessesary regulations
privatization
is the transfer ffrom public sector to private sector
this happen when private sector company is be able to provide the service or good