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From course:

Economics A Level (DONEEEEEEE)

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Question:

How, and Why would Governments Promote Small Businesses

Author: eric_galvao



Answer:

-To Increase Competition, Governments can offer Tax Breaks or Subsidies for Smaller Firms, or make it easier for New Firms to get the Initial Investment -Lowering Regulation + 'Red Tape' allows more Encouragement of Smaller Firms -This should lead to Greater Choice and Lower Prices for Consumers


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