How does the government encourage economic growth?

Answer 1

•Economic revitalization of our inner cities, urban areas affected by high levels of unemployment and poverty, is one of the priority challenges for the nation. The challenge and the opportunity are to enable more of our citizens to participate in, and benefit from, the market economy. The goal should be no less than equalizing job, income, and wealth-creation opportunities for inner city residents with those of the region.

Opportunities to Leverage Urban Clusters, Inner cities are home to more than 500,000 enterprises ranging the spectrum of industries. Better integrating these companies into the regional markets would increase the growth and efficiency of the regional economy. Inner cities are also home to major academic, medical, and cultural institutions. Colleges and universities alone represent 1,900 institutions in the urban core, many in or near inner cities. Unlike mobile corporations, these institutions are largely guaranteed to stay in their present locations.