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Government Intervention to Correct Market Failure
Intervention 2 – Subsidies
What is a subsidy?
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What is a subsidy?
:
A subsidy refers to
assistance
by the
government
to
individuals
or
organisations
A subsidy refers to
assistance
by the
government
to
individuals
or
organisations
What is a Subsidy?
A subsidy refers to
assistance
by the
government
to
individuals
or
organisations