Question

4. In order to attract businesses to the area, the city of Grand Valley offers a $500 job tax credit per employee, a 3% investment tax credit for purchased equipment and a health insurance tax credit of $200 per employee. This is an example of a(n)____________

Answer 1

enterprise zone.

Step-by-step explanation:

Enterprise zone -

It refers to the geographical area , which gets some specific tax break , some regulatory exemptions and some specific public assistance so as to initiate the private economic development , which helps to create more jobs , is referred to as enterprise zone .

The method is adapted in order to promote the revival of the city or the nearby area .

Hence , from the given scenario of the question ,

The correct term is enterprise zone .