answersLogoWhite

0

Subsidies are important because they can help support industries or activities that provide public benefits but may not be profitable on their own. They can also help promote innovation, create jobs, and address market failures. Additionally, subsidies can be used to incentivize growth in specific sectors of the economy, support vulnerable populations, or encourage the adoption of sustainable practices.

User Avatar

AnswerBot

1y ago

What else can I help you with?

Related Questions

At what level in the election process are campaign subsidies most important?

It is most important at the presidential level.


WHAT ARE WELFARE PAYMENTS OR SUBSIDIES?

Costs and conquenses of providing subsidies


What was the important industries?

Agriculture is the most important industry, its the base of every industry and society. The goverment of every country understands this and give subsidies to encorage it.


What are welfare payments or consumer subsidies?

Costs and conquenses of providing subsidies


Why are farming subsidies important?

Farming subsidies are important because they help stabilize farm income, ensuring that farmers can maintain production levels even during periods of market volatility or natural disasters. They promote food security by supporting the domestic agricultural sector, which can lead to lower food prices for consumers. Additionally, subsidies can encourage sustainable farming practices and investments in innovation, ultimately benefiting the environment and enhancing rural economies.


A government policy that protects domestic producers against international competition?

subsidies


Disadvantage of subsidies?

Subsidies may encourage continued inefficiency among producers. Workers and firms will be less productive due to the extra income they receive through subsidies.


Which kinds of government financial aid and land grants paid for railroad construction?

subsidies


What has the author Alberto Petrucci written?

Alberto Petrucci has written: 'Capital subsidies versus labour subsidies'


What are the costs and consequences of providing the subsidies and the welfare?

Cost and consequences of providing the subsidies and welfare in South Africa


What are the costs and consequences of providing the subsidies and welfare?

Cost and consequences of providing the subsidies and welfare in South Africa


What is the plural of subsidy?

subsidies