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Farm Subsidies
Financial assistance provided by the government to farmers and agribusinesses to supplement their income, manage the supply of agricultural commodities, and influence the cost and supply of such goods.
Overallocation
The excessive assignment or distribution of resources towards a particular area or sector, often leading to inefficiency.
Farm Policy
Encompasses government regulations and actions aimed at stabilizing or supporting the agricultural sector, including subsidies, price supports, and land use regulations.
Low Farm Income
An economic condition where farmers earn less revenue from their produce, often due to factors like falling prices, poor yields, or high costs of inputs.
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