Examlex
Select the term with the correct spelling.
Price Support Programs
Government interventions to maintain the market price of a commodity or product above its equilibrium level to benefit the producers.
Agricultural Products
Agricultural products are commodities produced through farming and agriculture, such as crops, livestock, and other raw goods.
Shortages
A market situation in which the demand for a product exceeds its supply at a particular price.
Farm Price-Support Programs
Government initiatives designed to stabilize or increase prices of agricultural products by buying excess supply, providing subsidies, or setting minimum prices.
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