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Price supports are typically provided by the government to help stabilize prices for certain agricultural commodities, such as wheat, corn, and soybeans. These support programs aim to protect farmers from fluctuations in the market and ensure a steady income for producers.

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1y ago

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Related Questions

What does the federal government call the price supports provided to American farmers?

An agricultural subsidy


Does the government protect the U.S. sugar industry?

The federal government has provided price supports to the U.S. sugar industry for almost 200 years


When were price supports put on sugar?

Price supports were applied sporadically during the 1970s, depending upon the price of sugar on the world market


How is sugar supported in the US?

Price supports for sugar in the United States are provided in the form of nonrecourse loans so that sugar growers can borrow money with the crop as collateral


What was one outcome of price supports for farmers?

Surplus crops


What are some services provided by Price Runner UK?

Some services that are provided by Price Runner UK are multiple price comparisons for a certain product. Price Runner UK was launched in Sweden in 1999.


Does the Australian government provide price supports for Goat and Sheep meat industry?

No


Amount provided at one price?

Quantity supplied


The amount provided at one price?

quantity supplied


What has the author Harry William Henderson written?

Harry William Henderson has written: 'Price programs' -- subject(s): Price regulation, Statistics, Agricultural price supports


How do price supports help buisnesses?

Price supports help businesses by stabilizing market prices for their products, ensuring that they receive a minimum income even during periods of low demand or oversupply. This predictability allows businesses to plan their operations and investments more effectively. Additionally, price supports can enhance farmers' and producers' financial security, encouraging them to maintain production levels and invest in quality improvements. Overall, these supports contribute to economic stability within specific industries.


What are some things about the US economy that the government has set?

determined a minimum wage, has set rules and regulations for environmental protection, has provided price supports for agricultural products, restricts the imports of items that might compete with local production, restricts the exports of sensitive