A Subsidy Is A

question 86

Multiple Choice

A subsidy is a:

• A) reverse tax.
• B) means of shifting the supply curve left.
• C) form of tax benefit.
• D) movement along the supply curve.

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Definitions:

Manual Workers

Laborers who perform physical work with their hands, often in construction, manufacturing, or agriculture.

Petty Bourgeoisie

In Marx’s usage, is the class of small-scale capitalists who own means of production but employ only a few workers or none at all, forcing them to do physical work themselves.

Small-Scale Capitalists

Individuals or businesses that operate on a limited scale in terms of resources, investment, and production, often emphasizing personal rather than corporate gain.

Relationship to the Means of Production

A concept in Marxist theory referring to the dynamics and conflicts arising from the way individuals and groups relate to the ownership and control of production resources.