Can anyone Explain me ____what is subsidy??_______ don't copy paste the answer ____I need explanation with example _____
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Answer:
It is a form of financial aid given by the government to different industries.
Step-by-step explanation:
Subsidy is the sum of money given to an industry by government which result in reduction in the price of goods and services to the consumer and result in prosperity of the country and nation For example, in the US at one time it was cheaper to buy gasoline than bottled water.
It is the benefit given to the people of the country by its government.
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