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Government subsidies make goods more easily attainable for their citizens. For example, the United States government heavily subsidizes gasoline so it is cheaper than it is in other countries such as countries in Europe, where they do not subsidize and the prices are much higher.

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Q: What are the advantages of government subsidies?
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A government policy that protects domestic producers against international competition?

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When subsidy is given by government?

A government subsidy is monetary assistance granted by the government. This includes things like, production subsidies, employment subsidies, and export subsidies.


What is Government subsidy?

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There can be. You would need to check with your state and local government. Some have grant or rebates. The Federal government has income tax credit but no direct subsidies. Check with the IRS, there may be restrictions.


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Government's influence on supply is the category that subsidies excise taxes and regulation belong in economics.


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