Assignment III

Assignment III

Q1) Incentive policies

Policies that government implement to improve the performance of their economy and to change the behavior of the individuals is known as incentive policies. Prime objective of implementing incentive policies is to properly manage, and enhance the performance of forces that are operating in the market, so that they can perform their routine task in effective manner. Government normally drafts incentive policies to overcome their poor performance and to gain the trust of public (Theis & Tomkin, 2012). On the other, hand incentive policies like tax/subsidy, tradable permits, and liabilities have played a vital role in enhancing ...