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What is a subsidies?

Updated: 8/27/2021
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Wiki User

6y ago

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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 that the price of a commodity or service may remain low or competitive."

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Grover Carroll

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2y ago
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Alberto Petrucci has written: 'Capital subsidies versus labour subsidies'


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