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Why have politicians always favored using subsidies to promote certain economic activities?
Wiki User
∙ 10y ago
They can be treated as "benefits" that can be spread widely in response to many
demands.
Wiki User
∙ 10y ago
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What were payments made to stimulate production of certain goods?
Subsidies.
What are the costs and consequences of providing the welfare and subsidies?
The basic costs of welfare spending and subsidies to industries are higher taxes to pay for them or borrowing funds for the same purpose. The economic health of a nation is in danger if a balance cannot be found that both keeps an economy sound and also provides aid to peoples and certain industries. An example of "certain" industries, before anyone falls off their chair is to subsidize health care & hospitals.
Why might a government grant subsidies to certain individuals or businesses?
To help consumers ensure an affordable supply of certain goods.
Are subsidies an example of a trade restriction?
Yes, as are tariffs and limiting the import of certain goods.
What decides what economic activities develop in certain countries?
There are A LOT of factors influencing this. The way society behaves and the effect thereof are the most powerful decisive factors.
What is Government subsidy?
A government subsidy is monetary assistance granted by the government. This includes things like, production subsidies, employment subsidies, and export subsidies.
What agenda might the media have?
A political agenda. To get certain politicians elected. An economic agenda. To get certain policies passed than will make them rich and powerful.
Why do people use economic maps?
people use economic maps to search for places high in certain activities. such as Manchester is rich in bauxite
What were payments made to stimulate production of certain goods?
Subsidies.
What are the costs and consequences of providing subsidies and welfare?
The basic costs of welfare spending and subsidies to industries are higher taxes to pay for them or borrowing funds for the same purpose. The economic health of a nation is in danger if a balance cannot be found that both keeps an economy sound and also provides aid to peoples and certain industries. An example of "certain" industries, before anyone falls off their chair is to subsidize health care & hospitals.
What are the costs and consequences of providing the subsidies and welfare!?
The basic costs of welfare spending and subsidies to industries are higher taxes to pay for them or borrowing funds for the same purpose. The economic health of a nation is in danger if a balance cannot be found that both keeps an economy sound and also provides aid to peoples and certain industries. An example of "certain" industries, before anyone falls off their chair is to subsidize health care & hospitals.
What are costs and consequences of providing the subsidies and welfare?
The basic costs of welfare spending and subsidies to industries are higher taxes to pay for them or borrowing funds for the same purpose. The economic health of a nation is in danger if a balance cannot be found that both keeps an economy sound and also provides aid to peoples and certain industries. An example of "certain" industries, before anyone falls off their chair is to subsidize health care & hospitals.
What are the costs and consequencies of providing the subsidies and welfare?
The basic costs of welfare spending and subsidies to industries are higher taxes to pay for them or borrowing funds for the same purpose. The economic health of a nation is in danger if a balance cannot be found that both keeps an economy sound and also provides aid to peoples and certain industries. An example of "certain" industries, before anyone falls off their chair is to subsidize health care & hospitals.
What are the costs and consequences of the subsidies and welfare?
The basic costs of welfare spending and subsidies to industries are higher taxes to pay for them or borrowing funds for the same purpose. The economic health of a nation is in danger if a balance cannot be found that both keeps an economy sound and also provides aid to peoples and certain industries. An example of "certain" industries, before anyone falls off their chair is to subsidize health care & hospitals.
What are the costs and consequences of providing the welfare and subsidies?
The basic costs of welfare spending and subsidies to industries are higher taxes to pay for them or borrowing funds for the same purpose. The economic health of a nation is in danger if a balance cannot be found that both keeps an economy sound and also provides aid to peoples and certain industries. An example of "certain" industries, before anyone falls off their chair is to subsidize health care & hospitals.
Why might a government grant subsidies to certain individuals or businesses?
To help consumers ensure an affordable supply of certain goods.
Are subsidies an example of a trade restriction?
Yes, as are tariffs and limiting the import of certain goods.
