Costs and conquenses of providing subsidies
Costs and conquenses of providing subsidies
Cost and consequences of providing the subsidies and welfare in South Africa
Subsidies.
In economics, a transfer payment (or government transfer or simply transfer) is a redistribution of income in the market system. These payments are considered to be nonexhaustive because they do not directly absorb resources or create output. Examples of certain transfer payments include welfare (financial aid), social security, and government subsidies for certain businesses (firms).
Instead of having people die now, you push off the inevitable to the future. After all, people have to die someday. Maybe fewer people will be on welfare in the future? That's the short argument.
Costs and conquenses of providing subsidies
no
Cost and consequences of providing the subsidies and welfare in South Africa
Cost and consequences of providing the subsidies and welfare in South Africa
welfare benefit payments can be harmful
Subsidies.
A government subsidy is monetary assistance granted by the government. This includes things like, production subsidies, employment subsidies, and export subsidies.
In economics, a transfer payment (or government transfer or simply transfer) is a redistribution of income in the market system. These payments are considered to be nonexhaustive because they do not directly absorb resources or create output. Examples of certain transfer payments include welfare (financial aid), social security, and government subsidies for certain businesses (firms).
there are nogovernment payments,no direct subsidies whatsoever,to sugar producers.
subsidies
no
no