What is the name of the money paid by a government or organisations to make a product cheaper to buy or produce?

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2026-04-10 06:25

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The money paid by a government or organization to make a product cheaper to buy or produce is called a "subsidy." Subsidies can take various forms, such as direct financial assistance, tax breaks, or grants, and are often used to support specific industries, promote economic growth, or encourage certain behaviors among consumers and producers.

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