
Government incentives
Government incentives are financial or non-financial rewards offered by the government to encourage specific behaviors or actions from individuals, businesses, or organizations. These can include tax breaks, subsidies, grants, or low-interest loans aimed at promoting economic growth, innovation, environmental sustainability, or social welfare. For example, a government might provide tax credits to companies that invest in renewable energy to stimulate green technology development. By creating these incentives, governments seek to influence decisions and drive desired outcomes that benefit society as a whole.