Producer Subsidies (Government Intervention)
- AS, A-Level
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 24 Mar 2019
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: