subsidy
Pronunciation: [səbˈsɪdi]
Word
Context: “economics”
(noun) money given by the government or other organizations to help support a project or reduce costs for people. This money can help farmers, businesses, or even students by making things cheaper.
Example
The farmers received a subsidy that made it easier for them to grow their crops.
Example
Without the subsidy, many small businesses would struggle to pay their bills.
Example
How does the government decide which programs get a subsidy?
Context: “social programs”
(noun) financial assistance provided to support individuals or groups. This includes help for families with low income to afford housing or healthcare.
Example
The family was grateful for the subsidy that helped them pay their rent.
Example
Many families do not qualify for a subsidy and find it hard to keep their homes.
Example
What types of subsidy are available for families in need?
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