MICROECONOMIC INCENTIVE
\mˌa͡ɪkɹə͡ʊˌiːkənˈɒmɪk ɪnsˈɛntɪv], \mˌaɪkɹəʊˌiːkənˈɒmɪk ɪnsˈɛntɪv], \m_ˌaɪ_k_ɹ_əʊ_ˌiː_k_ə_n_ˈɒ_m_ɪ_k ɪ_n_s_ˈɛ_n_t_ɪ_v]\
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To achieve a specific economic or political goal a business, industry, or sector may get a subsidy or a tax break from the government as this specific type of financial benefit. A tax credit for hybrid cars to decrease automotive pollution enacted to increase the sales of these cars.
By Henry Campbell Black
Word of the day
Health Personnel Attitudes
- Attitudes of personnel toward their patients, other professionals, the medical care system, etc.