3 years ago

Explain the difference between government subsidies and transfer payments. Give an example of a transfer payment.

Social Studies

1 answer:

Sedaia [141]3 years ago

8 0

Answer:

hope it helps u

Explanation:

Subsidies are government financial aid given to businesses meant to help lower their costs or stimulate the economy. Transfer payments are government payments in which the government takes money from one group and gives it to another

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