Enterprise zones - 1981 - present Flashcards
1
Q
when were enterprise zones established?
A
1981
2
Q
where were they established?
A
areas of high unemployment
3
Q
what was their aim?
A
to attract start up companies to the area to create jobs
4
Q
how did they do their aim?
A
by reducing tax
5
Q
example of tax reducation
A
corporations and land
6
Q
by 1990 how many companies did they house?
A
5000
7
Q
by 1990 how many did they employ?
A
more than 125,000 people
8
Q
what did tax reducations encourge?
A
many existing companies to move to the EZs - limited new jobs
