Subsidy is basically just money given by a government or person to another. The official definition for the word subsidy is "a sum of money granted by the government or a public body to assist an industry or business so… Full Answer
The best example of a subsidy is when a farmer gets a lump sum of money from the government for keeping their land a certain way. The government will pay farmers who keep certain weeds or crops on their land… Full Answer
The act of providing a subsidy generally means that money is supplied to a person, government or a corporation with the intent of securing an action deemed to be beneficial to the party providing the subsidy or too a worthy… Full Answer
A government may deliver services by direct payment or indirectly by subsidy through a reduction in tax. For example, the deduction for home mortgage interest provides a tax subsidy for investing in housing.
No, it continues to rely on private insurance companies (except Medicare and Medicaid) to provide coverage, but increases regulations on the insurance companies. However, many households will be able to receive a government subsidy when they buy such private insurance… Full Answer
In any nation with welfare and/or subsidy payments programs, they should be reviewed for relevancy before they are funded again. This is because the programs may not be effective or there may be waste or corruption in the programs. This… Full Answer