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kvasek [131]
3 years ago
15

Choose all that apply. Which of the following industries benefit from government subsidies?

History
2 answers:
Nostrana [21]3 years ago
6 0

The correct answers are utility companies, oil companies and farms.

Subsidies are loans or cash grants provided by the government to businesses to encourage many activities. Farms benefit from these subsidies, specially to farmers of grains such as corn, wheat and rice.

Oil companies also get these subsidies and this amount can get to $40 billion. Greenpeace has been arguing that the oil industry subsidies should include activities such as The Strategic Petroleum Reserve, and others, but in response they were told these kinds of activities are done primarily to protect national security and not to promote activities within the oil industry.

Utility companies also get some of these subsidies, but in a smaller scale. These incentives occur anytime the government thinks a specific business can improve the economy.

iren2701 [21]3 years ago
3 0
I think it would be 2, 3, and 5.
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