In the U.S., government subsidies have been in place only since 2001 but have already contributed to the increase in the price of hogs and beef for the farmer and a reduction in prices in the supermarket.

Question

Quizplus · Accepted Answer

Government subsidies in the U.S. for agriculture, including livestock, have been in place long before 2001, and their effects on prices can vary, not necessarily leading to reduced supermarket prices.

In the US, Government Subsidies Have Been in Place Only Since 2001