Left Definition 1 of 2Right
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Government AssistancePlay
Subsidy often implies financial help from government bodies to support certain sectors or products. SlideThe electric car industry is growing, thanks to a government subsidy.
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Price ReductionPlay
Subsidies are used to decrease the cost of goods or services, making them more affordable. SlideWith the new subsidy, public transport fares were lowered significantly.
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Economic StabilityPlay
Subsidies can be a tool to stabilize markets and ensure steady supply in essential sectors. SlideDuring the drought, a subsidy helped stabilize grain prices.