Which of the following policies is designed specifically to directly promote technological change in an economy?
A)government subsidisation of research and development
B)tax incentives to promote investment in new companies
C)laws to strengthen property rights
D)a vaccination program to combat infectious diseases

Question

Quizplus · Accepted Answer

Government subsidisation of research and development is designed specifically to directly promote technological change in an economy by providing financial assistance to research and development activities that can result in innovation and new technology. The other policies listed may indirectly contribute to technological change, but are not designed specifically for that purpose.

Which of the Following Policies Is Designed Specifically to Directly