Economics B A-Level
Government incentives
What Government incentives means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Government incentives
Check what you remember
Read the wording for your board, then hide it and explain Government incentives in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Support such as tax breaks that reduce the initial outlays of setting up a production site.
Topics that use Government incentives
- Assessing the potential of different economies (Pearson Edexcel A-Level)
Related terms
- Consumer demand
- Costs of production
- Ease of doing business
- Infrastructure
- Likely return on investment
- Location in a trade bloc
- Political stability
Using Government incentives in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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