Difference between revisions of "Subsidy"
From Conservapedia
| Line 1: | Line 1: | ||
| − | A '''subsidy''' is a payment by government to certain businesses to help them survive or to give them a competitive advantage. 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. | + | A '''subsidy''' is a payment or tax break by government to certain businesses to help them survive or to give them a competitive advantage. 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. |
Subsidies can also be given out by individuals or non-governmental institutions, but this is more commonly referred to as charity. | Subsidies can also be given out by individuals or non-governmental institutions, but this is more commonly referred to as charity. | ||
Revision as of 18:05, May 23, 2007
A subsidy is a payment or tax break by government to certain businesses to help them survive or to give them a competitive advantage. 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.
Subsidies can also be given out by individuals or non-governmental institutions, but this is more commonly referred to as charity.
