Subsidies

0.0(0)
studied byStudied by 1 person
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
Card Sorting

1/7

encourage image

There's no tags or description

Looks like no tags are added yet.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

8 Terms

1
New cards

Subsidies

Government money given to support agriculture

2
New cards

Subsidies offer guaranteed

prices for cash crops

3
New cards

Subsidies offer

Money to invest in equipment/infrastructure

4
New cards

Subsidies offer

Money to focus on research & development

5
New cards

Subsidies offer

Crop Insurance

6
New cards

Sometimes pay farmers do not…

grow certain crops

7
New cards

Subsidies: Pros

  • Wealth for governments/higher

  • GDP Farmers can rest/restore lands

  • Guaranteed income for growers

  • More economic stability where used

8
New cards

Subsidies: Cons

  • Keeps food prices artificially low

  • Too much government control over market

  • Favors farmers in wealthy countries

  • Subsidies often go to agribusinesses

  • Reduces crop diversity

  • Farmers may not grow most profitable crops