The federal government spends more than $20 billion a year on subsidies for farm businesses. About 39 percent of the nation's 2.1 million farms receive subsidies, with the lion's share of the handouts going to the largest producers of corn, soybeans, wheat, cotton, and rice.1
The government protects farmers against fluctuations in prices, revenues, and yields. It subsidizes their conservation efforts, insurance coverage, marketing, export sales, research, and other activities. Federal aid for crop farmers is deep and comprehensive.
However, agriculture is no riskier than many other industries, and it does not need an array of federal subsidies. Farm subsidies are costly to taxpayers, but they also harm the economy and the environment. Subsidies discourage farmers from innovating, cutting costs, diversifying their land use, and taking other actions needed to prosper in the competitive economy.
Equity theory- people are most satisfied with a relationship when the ratio between benefits <span>and costs is similar for both partners.</span>
Answer:
Explanation:
The arousal theory of motivation suggests that we are always looking for different activities that allow us to maintain an optimal level of psychological arousal. If Jim and Mariee want to keep their level or arousal, they will look for an activity that implies physycal movement an, maybe, some sort of risky feelings, for example, running on the streets at night or climbing some tree. If they want to lower their level of psychological arousal, they will do something that doesn't imply that much risks or moving, for example, playing cards, watching a movie, etc.
Baron De Montesquieu believed that the best form of government was one divided into different sources of power because he also believed that dictators were unjust.
Answer:
The law of supply and demand, one of the most basic economic laws, ties into almost all economic principles in some way. In practice, supply and demand pull against each other until the market finds an equilibrium price.
Explanation:
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