A subsidy is an assistance paid to a business or economic sector. Most subsidies are made by the government to producers or distributed as subventions in an industry to prevent the decline of that industry (e.g., as a result of continuous unprofitable operations) or an increase in the prices of its products or simply to encourage it to hire more labor (as in the case of a wage subsidy). Examples are subsidies to encourage the sale of exports; subsidies on some foods to keep down the cost of living, especially in urban areas; and subsidies to encourage the expansion of farm production and achieve self-reliance in food production. BY ADINA CORA ONONUJU
Effect of fuel subsidy removal in nigeria economy
Section 8 housing is a rental subsidy.The subsidy provided $225 dollars toward burial expenses.The US government can provide subsidy monies to citizens.
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The company needed subsidy to get their business running.
Yes they do need subsidy they need money to build and the farmers get money for having a wind turbine in their farm they get subsidy very very high subsidy all from the tax payer
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It will further enrich the rich and impoverish the poor and the downtrodden. Like in the past debate and attempt at subsidies, the money will be removed on the pretext of regulating the oil price and applying the subsidy to projects that will benefit the masses and cushion its effect. But in the end, no one will have anything to trace to such project or their impact on the masses. - J. B. Agbaje
of course ,farmer subsidy is 80 percent of eu budget.
The subsidy encourages whoever gets it to continue doing whatever he does to get it. It also encourages him to vote for any politicians that helped get his subsidy. ( The stated intent of a subsidy is to encourage behavior which benefits the country. )
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