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A small island country has recently begun an initiative aimed at attracting more businesses to revitalize the economy. An increase in bed and breakfasts, resorts, casinos, hotels, and restaurants has created several jobs, as well as brought in more tourist dollars. However, the island’s president isn't satisfied and has announced a special effort to attract small- to medium-size suppliers and manufacturers. Why do you think he wants to put additional emphasis on businesses that produce goods rather than provide services?


Service jobs have higher salaries than manufacturing jobs.

Manufacturers pay more in taxes.

Manufacturing has the most significant multiplier effect.

Service businesses conflict with manufacturing.

Sagot :

Bharathparasad577idn

Option (b) Manufacturing has the most significant multiplier effect.

  • Manufacturing is the basic to produce any product or to start any business. As in the case study we studied small island country has taken initiative to attract more and more business.
  • On the other hand, president has announced a special effort to attract small- to medium suppliers and manufactures because to firstly balance everything in the economy like reduce unemployment, providing proper wages so that workers would encourage to perform best in their fields.
  • Once the everything is balanced then it can lead to hike in the economy.

Learn more about this here-

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