word
Agricultural Subsidy
ag-rih-KUL-chur-ul SUB-sih-dee
/ˌæɡrɪˈkʌltʃərəl ˈsʌbsɪdi/Listen
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Syllable breakdown
agriculturalsubsidy
Dictionary meaning
A financial benefit provided by a government to producers in the agricultural sector, which may include direct payments, price supports, export subsidies, or input subsidies — intended to stabilise farm income, ensure food security, or promote specific crops.
Examples
- Agricultural subsidies in wealthy nations have been criticised for distorting global commodity markets and disadvantaging farmers in developing countries.
Synonyms: farm subsidy, price support
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