Answer:
money given by govt on gas cylinder or on other products
A subsidy is a financial incentive given by the government to individuals or businesses.
Subsidies can be in the form of cash, grants, or tax breaks.
The goal of a subsidy is to promote the government's economic and social policies.
Subsidies can also help offset market failures and externalities to achieve greater economic efficiency.
Subsidies can be categorized as:
Direct and indirect
Production and consumption
Broad and narrow
Monetary and non-monetary
PLEASE GIVE ME LIKE 10 TIMES
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Answer:
money given by govt on gas cylinder or on other products
Verified answer
Answer:
A subsidy is a financial incentive given by the government to individuals or businesses.
Subsidies can be in the form of cash, grants, or tax breaks.
The goal of a subsidy is to promote the government's economic and social policies.
Subsidies can also help offset market failures and externalities to achieve greater economic efficiency.
Subsidies can be categorized as:
Direct and indirect
Production and consumption
Broad and narrow
Monetary and non-monetary
PLEASE GIVE ME LIKE 10 TIMES