How the Government Promotes Economic Interests


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question 1 of 3

All of the following are ways that the U.S. government promotes the economic interests of businesses, EXCEPT:

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1. Sunshine Solar receives a $2,000 reduction on its federal taxes for each solar-energy installation it performs. This is an example of a _____.

2. _____ reduce the amount of taxable income a business has to report.

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About This Quiz & Worksheet

These assessments will help you see how much you understand about the government's impact on economic interests. Topics you'll need to know include the ways the government promotes economic interests of business as well as which laws are meant to promote labor.

Quiz & Worksheet Goals

Use this printable worksheet and quiz to review:

  • Ways the government promotes economic interests
  • Laws that are supposed to promote labor
  • Direct subtractions from a tax bill
  • Reductions in taxable income
  • Ways government regulations affect farmers

Skills Practiced

This worksheet and quiz will let you practice these skills:

  • Knowledge application - use your knowledge to answer questions about how governmental regulations impact farmers
  • Defining key concepts - ensure that you know the definition of words related to incentives the government gives to reduce taxes for certain people
  • Reading comprehension - ensure that you draw the most important information from the related lesson on government promotion of economic interests

Additional Learning

To learn more about the government's role in furthering economic development, review the corresponding lesson called How the Government Promotes Economic Interests. This lesson will help you:

  • Appreciate the government's role in promoting the economic interests of the country
  • Describe how the government promotes business
  • Understand the differences between types of tax incentives
  • Identify the ways government promotes labor and the Acts involved
  • Know how government promotes agriculture