Results for: What_is_Government_subsidy

What is a subsidy?

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

What is corrective subsidy?

A corrective subsidy is basically a payment that is made by the government. It is used to ensure the optimal output of a product or the consumption of that product.

What is the act of providing a subsidy?

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