Economics

Study Notes

Producer Subsidies (Government Intervention)

Level:
AS, A Level
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

A subsidy is a form of government intervention, it usually involves a payment by the government to suppliers that reduce their costs of production and encourages them to increase output of a good or service.

Revision on other types of government intervention:

Evaluating Government Intervention - revision video

Quizlet Revision Activity on Government Intervention

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