How does government help businesses?
- Providing cheap loans and giving grants.
- Providing advice and information centres for businesses.
- Providing college courses and training programmes for entrepreneurs.
- Offering subsidies or tax reduction to businesses.
- Maintain a stable exchange rate of the currency.
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Why does government help businesses?
- To help small businesses to survive and encourage competition in the economy.
- To encourage firms to export and earn foreign exchange for the country.
- To encourage businesses to set up in underdeveloped regions of the country and create wealth and employment opportunities in these areas.
