In addition to comparison of tax rates, there are essentially two types of incentives offered by the states.Define and explain the primary differences between the two approaches.

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Economic Development

Economic Development is a significant programmatic area in the States, as they  compete against each other to attract new businesses and the accompanying jobs in a specific state.

In addition to comparison of tax rates, there are essentially two types of incentives offered by the states.Define and explain the primary differences between the two approaches.

  • Include two examples of each.

Which approach do you believe is most effective why?  In light of the current crisis, what would you change or recommend as an alternative economic development program?