Difference between revisions of "Subsidy"

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(New page: A subsidy is a payment by government to certain businesses to help them survive or to give them an advantage in competing with companies from other nations or industries. Sometimes the su...)
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Revision as of 01:28, April 9, 2007

A subsidy is a payment by government to certain businesses to help them survive or to give them an advantage in competing with companies from other nations or industries. Sometimes the subsidy can be direct, as in the case of cash payments to farmers, and sometimes it can be indirect, as in the case of building a transcontinental railroad.