Government subsidies to small and large farmers are designed in large part to
A) increase tax revenue levied on farm production and exports
B) stabilize farm income, which would otherwise fluctuate greatly due to market and weather conditions
C) promote farm income, which would otherwise fluctuate greatly due to market and weather conditions
D) encourage rural development
E) encourage urban development

Question

19-12-2022
Social Studies

Answered

Government subsidies to small and large farmers are designed in large part to
A) increase tax revenue levied on farm production and exports
B) stabilize farm income, which would otherwise fluctuate greatly due to market and weather conditions
C) promote farm income, which would otherwise fluctuate greatly due to market and weather conditions
D) encourage rural development
E) encourage urban development

Answer :

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kumarprabhat kumarprabhat · Answer 1 · 2022-12-24T08:22:01-05:00

Government subsidies to small and large farmers are designed in large part to stabilize farm income, which would otherwise fluctuate greatly due to market and weather conditions. So, the correct option is B.

A subsidy referred as payment which is made to a business or individual, made by the government for the purpose that will help to increasing the purchase or supply of a specific good.The main of subsidies is to aid or support what are deemed to be key parts of the national infrastructure.

Government Subsidies are the type of payments, tax breaks, or other forms of economic support which is given by governments to industries or any economic sectors.

Learn more about Government subsidies click the link here:

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