Encyclopedia > Subsidy

  Article Content

Subsidy

A subsidy refers to fund given by the government to a private person or entity. Subsidies are often justified as being for a socially beneficial purpose, although economists point out that subsidies may often be socially detrimental.

Some subsidies include welfare and student loans[?].

It is the opposite of a tax.



All Wikipedia text is available under the terms of the GNU Free Documentation License

 
  Search Encyclopedia

Search over one million articles, find something about almost anything!
 
 
  
  Featured Article
1904

... French historian July 14 - Anton Chekhov, Russian playwright and short story writer July 22 - Wilson Barrett, actor August 22 - Kate Chopin, author August 25 - ...

 
 
 
This page was created in 25.1 ms