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What is the purpose of subsidies for green technology?
To encourage businesses and individuals to adopt more environmentally friendly technologies.
What is the purpose of the UK's Plug-In Car Grant?
To subsidize the purchase of electric vehicles.
What is the aim of implementing austerity measures?
To reduce government budget deficits by cutting expenses or raising taxes.
What is the goal of lowering tariffs?
To decrease consumer prices and increase trade.
What is the goal of raising tariffs?
To protect domestic industries from foreign competition.
What is the purpose of investing in public health campaigns?
To educate the public about health risks and promote healthy behaviors.
What is the aim of relocating factories?
To reduce pollution in densely populated areas.
What is the purpose of mandating transitions to cleaner technologies?
To reduce pollution and promote environmental sustainability.
What is the goal of strengthening healthcare systems?
To address pollution-related illnesses and improve public health.
What is the purpose of adjusting policies to maintain economic equilibrium?
To respond to fluctuations in world markets and ensure economic stability.
What is industrialization?
The process of transforming from an agrarian society to one based on manufacturing.
What is economic liberalization?
The opening up of a country's economy to global markets.
Define Foreign Direct Investment (FDI).
Investment made by a company or entity based in one country, into a company or entity based in another country.
What are tariffs?
Taxes imposed on imported goods.
What are austerity measures?
Government policies aimed at reducing budget deficits, often through spending cuts or tax increases.
What is sustainable development?
Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
What is a budget deficit?
When a government spends more money than it receives in revenue.
What is brain drain?
The emigration of highly trained or qualified people from a particular country.
Define subsidies.
Financial assistance given by the government to support a particular industry or activity.
What is income inequality?
The extent to which income is distributed unevenly among a population.
Cause and effect of rapid industrialization?
Cause: Increased manufacturing; Effect: Environmental pollution and potential health issues.
Cause and effect of lower tariffs?
Cause: Economic liberalization; Effect: Decreased consumer prices but potential harm to domestic industries.
Cause and effect of austerity measures?
Cause: Large budget deficit; Effect: Potential social unrest due to cuts in social programs.
Cause and effect of increased FDI?
Cause: Economic liberalization; Effect: Economic growth and development but potential environmental concerns.
Cause and effect of urbanization?
Cause: Industrialization; Effect: Overcrowding and strain on infrastructure.
Cause and effect of green technology subsidies?
Cause: Government policy to combat pollution; Effect: Increased adoption of cleaner technologies.
Cause and effect of population movement?
Cause: Economic liberalization; Effect: Migration for work opportunities, potentially leading to brain drain.
Cause and effect of increased resource consumption?
Cause: Economic liberalization; Effect: Environmental degradation and need for sustainable practices.
Cause and effect of fluctuations in foreign exchange rates?
Cause: Economic liberalization; Effect: Impact on trade and investment, requiring government management.
Cause and effect of increased competition?
Cause: Economic liberalization; Effect: Business growth and innovation.