Grants are gifts of money that are given to the recipient mostly based on the merit or the need of the recipient. There are many types of grants and all are used for the greater good. Many are given out by the government as aid or as a way to ?feed? a lackluster economy and in so doing raise the tax revenue for the government. One can think of both purposes as investments by the government because in both cases the stability or boost given to the recipient will get them back on their feet and being productive again which is better for the government than that area becoming a perennial drain on the economy.
Governments aren?t the only institutions that give out grants. Private organizations can give grants out as philanthropic sorts of gifts to the community in wh View the rest of this article
Wednesday, October 17, 2007
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