How Are Subsidies Used By Government
4). Explain how subsidies are used by governments and give an example.
Subsidies are used by governments for many different things. A subsidy is when the government gives a person or business money to help them. For example, the WIC program is a subsidy used by the government. The WIC program provides mothers with formula and other essentials for their babies. They will help provide for the children up until the age of five. This is a great help to low income mothers. Since formula is very expensive, not all mothers can afford it. This is a good program because it helps mothers provide for their babies. This also keeps many mothers from completely quitting their jobs completely and relying on the government.
There is also a lot of government money for single mothers trying to attend college. College is very expensive and by the government helping mothers pay for college, this gives them the chance to get a degree. Since many places will not hire you without a degree, this gives mothers the chance for them to get a …show more content…
Food stamps are used to give food to people who cannot afford it. Although food stamps are used by people who do not need them, there are many families that do. Groceries are very expensive and by providing families with food stamps this allows them to get food for free and put their money toward other important things such as transportation, clothing, and their home or apartment.
There is also government money for first time home buyers. There are many different ways the government helps people and businesses. Overall, the government uses subsidies to help people buy things they need that they couldn’t afford on their own. Many people abuse and misuse these subsidies, but there are people that truly need the government's help to live and provide for their families. I think that it is good that the government helps people in need, but there needs to be a way to avoid helping people that don’t truly need
Subsidies are used by governments for many different things. A subsidy is when the government gives a person or business money to help them. For example, the WIC program is a subsidy used by the government. The WIC program provides mothers with formula and other essentials for their babies. They will help provide for the children up until the age of five. This is a great help to low income mothers. Since formula is very expensive, not all mothers can afford it. This is a good program because it helps mothers provide for their babies. This also keeps many mothers from completely quitting their jobs completely and relying on the government.
There is also a lot of government money for single mothers trying to attend college. College is very expensive and by the government helping mothers pay for college, this gives them the chance to get a degree. Since many places will not hire you without a degree, this gives mothers the chance for them to get a …show more content…
Food stamps are used to give food to people who cannot afford it. Although food stamps are used by people who do not need them, there are many families that do. Groceries are very expensive and by providing families with food stamps this allows them to get food for free and put their money toward other important things such as transportation, clothing, and their home or apartment.
There is also government money for first time home buyers. There are many different ways the government helps people and businesses. Overall, the government uses subsidies to help people buy things they need that they couldn’t afford on their own. Many people abuse and misuse these subsidies, but there are people that truly need the government's help to live and provide for their families. I think that it is good that the government helps people in need, but there needs to be a way to avoid helping people that don’t truly need