Read the information supplied and answer the questions which follow: Transnational Companies, Irish-owned firms and the agricultural industry have an important role to play in the recovery of the Irish economy - Leaving Cert Business - Question 3 - 2011

1. Grants through Agencies: The Government can provide grants via agencies like Enterprise Ireland to support startups and existing businesses in various sectors.

2. Tax Reductions: Implementing tax incentives such as VAT reductions can lower operational costs for businesses, promoting growth and competitiveness in the market.

3. Infrastructure Development: Investing in business infrastructure, such as modern transport systems and better communication networks, enhances the connectivity of businesses, allowing easier access to markets.

1. Low Corporation Tax: Ireland's low rate of corporation tax is highly attractive for multinational companies, allowing them to retain more profit.

2. Skilled Workforce: The presence of an educated and skilled labor force is another key reason for these companies to establish operations in Ireland, ensuring they have access to the necessary talents for their business needs.

The Government increased taxes to enhance its revenue, which is essential for balancing its budget and managing public finances effectively.

1. Increased Transportation Costs: The rise in petrol and diesel taxes leads to higher transportation costs for both individuals and businesses, which can affect prices of goods and services.

2. Public Reaction: There could be a negative public reaction as consumers perceive this as an increased financial burden, potentially impacting their spending habits.