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Subsidy - Wikipedia, the free encyclopedia
A subsidy (also known as a subvention) is a form of financial assistance paid to a business or economic sector. Most subsidies are made by the government to producers or distributors in an industry ...
en.wikipedia.org/wiki/Subsidy |
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This is exactly why government subsidies exist, sometimes something is too much risk for a company to sink money into unless they know it will work, but if the end result is something that would benefit the country then it is worth it for the government to help cover the costs.
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5 July 2007 ... HEBRON, Nebraska – 6-year-old Toby Hamilton of Hebron Elementary school is walking with just a bit more skip in his step these days, as the U.S. government has recently approved his bid for $20,000 in subsidies for his continuing research in the field of insect torture.
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China Petroleum and Chemical Corporation (Sinopec), the country's largest oil refiner, said Thursday it has received 12.3 billion yuan ($1.7 billion) in government subsidies to compensate for losses incurred through government price controls.
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26 (Bloomberg) -- Boeing Co. receives ``lavish'' government subsidies that give the U.S. aircraft maker an unfair competitive edge over rival Airbus SAS, the European Union told the World Trade Organization at a hearing today.
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Recently the World Trade Organization heard testimony from the European Union that the Boeing Company “receives lavish government subsidies that give it an unfair competitive advantage over rival Airbus SAS.” It also heard testimony from the United States complaining about aid granted to Airbus. ... No matter what one does,
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In the past five years alone, the U.S. government has handed out more than $95 billion in agricultural subsidies. Post reporters criss-crossed the country in 2006, identifying more than $15 billion in wasteful, unnecessary and redundant spending. ... Powerful Interests Ally to Change Farm Subsidies...
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