subsidies
Pronunciation: [səbˈsɪdiz]
Word
Context: “economics”
(noun) money given by the government to help a person or organization do something, like start a business or make a product. It's like support to make things easier or cheaper for someone.
Example
The government provided subsidies to farmers to help them grow more food.
Example
Without subsidies, many small businesses struggle to stay open.
Example
What kinds of subsidies does the government offer to support education?
Context: “social welfare”
(noun) financial help for people or groups who need it, such as low-income families or students. It's money that assists individuals to meet their basic needs.
Example
The local community program offers subsidies for families in need to pay for their children's school meals.
Example
Some people argue that too many subsidies can lead to dependence on government help.
Example
How do subsidies help low-income families afford housing?
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