Which source of finance could be given to a business to create jobs in areas of high unemployment?
A Government grant
B Mortgage
C Share issue
D Trade credit - AQA - GCSE Business - Question 3 - 2023 - Paper 2
Question 3
Which source of finance could be given to a business to create jobs in areas of high unemployment?
A Government grant
B Mortgage
C Share issue
D Trade credit
Worked Solution & Example Answer:Which source of finance could be given to a business to create jobs in areas of high unemployment?
A Government grant
B Mortgage
C Share issue
D Trade credit - AQA - GCSE Business - Question 3 - 2023 - Paper 2
Step 1
Identify the source of finance for job creation
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Answer
In this scenario, the most appropriate option is A Government grant. Government grants are often provided to businesses specifically for the purpose of creating jobs, especially in areas of high unemployment. Unlike loans or credits, a grant does not require repayment, making it an ideal source of funding for initiatives aimed at reducing unemployment.