production incentive
[/prəˈdʌkʃən ɪnˈsentɪv/]
nounpl: production incentives
incentivo de produção
1. A financial reward, bonus, or benefit offered to employees or companies to encourage increased output, efficiency, or productivity
The factory implemented a production incentive program to boost worker output by 20%.
A fábrica implementou um programa de incentivo de produção para aumentar a produção dos trabalhadores em 20%.
2. Government subsidy or tax break designed to stimulate manufacturing or industrial production in a specific sector or region
The government offered production incentives to renewable energy companies to accelerate clean energy development.
O governo ofereceu incentivos de produção para empresas de energia renovável para acelerar o desenvolvimento de energia limpa.
3. Economic stimulus mechanism aimed at increasing goods or services output through direct or indirect financial motivations
Production incentives helped the automotive industry recover during the economic downturn.
Os incentivos de produção ajudaram a indústria automóvel a se recuperar durante a recessão econômica.
Production incentives are commonly used in both Brazilian and American industrial policies to drive economic growth. In Brazil, they are frequently employed by BNDES (National Development Bank) and government agencies to attract manufacturing and promote regional development. In the USA, they are used at federal, state, and local levels to attract businesses and boost specific industries. The concept reflects the belief that financial motivation can significantly improve economic outcomes.
Related Idioms & Phrases
carrot and stick approach - combining incentives with disincentives
sweeten the pot - to increase production incentives
put your money where your mouth is - back incentives with actual financial commitment
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