18-05-2015
Social Studies

Answered

What does economic concessions mean?

Answer :

WorldCitizen WorldCitizen

19-05-2015

A concession is a right granted specifically to an entity (individual, company, organisation), which holds only for that entity and for the goods and time specified in the concession. An example of a concession is lease of land or infrastructure. The owner of the concession, that is the person or entity with that right can pay for the concession.

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