Functions(Positive consequences), MANIFEST POSITIVE FUNCTION Ex. To… Functions(Positive consequences), MANIFEST POSITIVE FUNCTION Ex. To reform the outdated Tax policy of the country with a rationalized tax systemFunctions(Positive consequences),LATENT POSITIVE FUNCTION Ex. It forces consumers to make more practical changes in their spending patterns due to the increase in the tax rates of some consumer products.Dysfunctions(Negative consequences),MANIFEST NEGATIVE CONSEQUENCE Ex. Inflationary effect because the cost of certain products increased as their tax rates were increased.Dysfunctions(Negative consequences),LATENT NEGATIVE CONSEQUENCE, Ex. Adversely affects some industries(like sugar) because of the eventual preference for lower taxed substitutes.Social ScienceLaw BS BIOLOGY 0720
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