3 years ago

What are pros and cons to farm subsidies

1 answer:

7 0

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. Agricultural subsidies usually focus on cash crops only. ...
It reduces the amount of crop diversity that is available in the country. ...
This process creates more government influence on society. ...
Agricultural subsidies can encourage environmental harm.

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