Question

Which of the following is an enterprise zone? A. a wealthy part of a city where every-body has a good job. B. a part of a city with many old, closed factories. C. a government office where people can work in exchange for temporary assistance. D. an area of high unemployment where the government encourages companies to locate by providing tax breaks.

Answer 1

An enterprise zone is an area with high unemployment where the government provides incentives like tax breaks to attract companies, the answer is D.

Step-by-step explanation:

An enterprise zone refers to an area of high unemployment where the government encourages companies to locate by offering various incentives, such as tax breaks. The correct answer to the question is D. These zones are designed to stimulate economic growth and job creation in economically distressed communities. They are similar to special economic zones (SEZs), which are areas in a country, usually with access to a port, where, among other benefits, the government does not tax trade. These economic strategies are aimed at making certain regions more attractive for business operations, especially to encourage investment from multinational corporations and foster technological change.