{"id":147773,"date":"2023-07-05T13:50:00","date_gmt":"2023-07-05T13:50:00","guid":{"rendered":"https:\/\/businessyield.com\/?p=147773"},"modified":"2023-07-05T13:50:28","modified_gmt":"2023-07-05T13:50:28","slug":"subsidies","status":"publish","type":"post","link":"https:\/\/businessyield.com\/financial-aid\/subsidies\/","title":{"rendered":"SUBSIDIES: What Are They?","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"

Among the many ways that governments support or replenish economic activity is through subsidies. Anyone trying to enter the business<\/a> world, in any industry and at any level, must have a solid understanding of how subsidies operate.<\/p>

In this article, we define subsidies and describe their various forms and applications in various industries, as well as their benefits and drawbacks.<\/p>

What Are Subsidies?<\/h2>

A subsidy is a privilege extended to a person, company, or organization, most often by the government. It may be immediate (like cash payments) or indirect (like tax benefits). Additionally, the purpose of the subsidy is generally to alleviate some sort of burden, and it is frequently thought to be in the public’s best interest to provide it to advance a social good or economic policy.<\/p>

Note that: <\/p>