what is a "subsidy" ? explain .
Appocalipto:
A subsidy is a form of financial aid or support extended to an economic sector (or institution, business, or individual) generally with the aim of promoting economic and social policy.
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Answered by
6
It is a policy of goverment in which the goverment would pay a amount for a thing and the rest only we should pay..
Eg:
If gas cylinder cost 450..
the gov would pay 100,we have to pay only 350...
Hope this helpz....
#CRPSM
Eg:
If gas cylinder cost 450..
the gov would pay 100,we have to pay only 350...
Hope this helpz....
#CRPSM
Answered by
2
specifically we can say that subsidy is a sum of money grantee by the state or public body to help an industry.
thanks for asking
thanks for asking
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