Government Subsidies to Small and Large Farmers Are Designed in Large

question 48

Multiple Choice

Government subsidies to small and large farmers are designed in large part to

• A)increase tax revenue levied on farm production and exports.
• B)stabilize farm income,which would otherwise fluctuate greatly due to market and weather conditions.
• C)promote farm conservation so as to preserve the productive capacity of U.S.agriculture.
• D)encourage rural development.
• E)encourage urban development.

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Definitions:

Commodities

Basic goods used in commerce that are interchangeable with other goods of the same type, typically used as inputs in the production of other goods or services.

Distinctives

Unique characteristics or features that differentiate a product, service, or organization from its competitors.

High Risk

A situation or investment that carries a significant chance of loss or failure.

High Value

Denoting something that possesses great importance, worth, or usefulness, especially in terms of monetary or material worth.