government subsidies

Government subsidies are financial assistance provided by the government to support specific industries, businesses, or consumers. They lower the cost of production or consumption, encouraging certain economic activities. For example, subsidies might help farmers grow crops or make renewable energy more affordable. The goal is often to promote economic growth, ensure affordability, or achieve policy objectives. While subsidies can benefit recipients and stimulate sectors, they may also lead to market distortions or unfair competition if not carefully managed. Overall, subsidies are a tool used by governments to influence economic and social outcomes.