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Business, 12.03.2021 02:40 joseperez1224

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 businesses conflict with manufacturing. Manufacturing has the most significant multiplier effect. Manufacturers pay more in taxes. Service jobs have higher salaries than manufacturing jobs.

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