Why do you think so many city governments in States seemed to bend over backwards to get new businesses to locate in their local economies

The government tells your factory that it has a five-year plan to make iron   1. What kind of economic system is this talking about?   2. It is four years into your plan and your factory will fall short on it’s goal. What could you do to catch up in the last year?

I do not fully agree that companies exist entirely in their own right or are unequivocally the most important organizations in the world. While companies are legally distinct entities that can own assets, make decisions and be held accountable, they are still comprised of and directed by individuals. At their core, companies only exist as a means to coordinate economic activity among people.  There are reasonable arguments that companies play a hugely influential economic and social role globally. However, I would hesitate to say they are unambiguously more important than organizations like governments, non-profits or international institutions that are focused on issues like human rights, health, education and environmental protection. Companies operate to generate profit and shareholder value, which does not always align with the broader interests of society. Therefore, other organizations are still needed to regulate markets and address challenges that private industry may not…

Describe Lancaster Pennsylvania's economy. Which sector is dominant in this town?