Which of the following is true of the development of empowerment zones?
A)It combines private and public resources and directs them toward grassroots community efforts to revitalize blighted neighborhoods.
B)Businesses located in such zones would be subject to more stringent regulations than businesses outside the zone.
C)Businesses located in empowerment zones would be taxed at a higher rate than other areas of a city.
D)It is based on the laissez-faire assumption that the tax and regulatory systems stifle initiative and self-improvement.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is true of the development of empowerment zones?
A)It combines private and public resources and directs them toward grassroots community efforts to revitalize blighted neighborhoods.
B)Businesses located in such zones would be subject to more stringent regulations than businesses outside the zone.
C)Businesses located in empowerment zones would be taxed at a higher rate than other areas of a city.
D)It is based on the laissez-faire assumption that the tax and regulatory systems stifle initiative and self-improvement.

Which of the Following Is True of the Development of Empowerment