What is the term for long-term,low-interest loans,cash grants,and tax deductions used to develop and protect companies or special industries?

Question

Quizplus · Accepted Answer

Government subsidies refer to financial support from the government to promote the development and protection of certain industries or companies. This support can come in the form of long-term, low-interest loans, cash grants, and tax deductions, among others. Quotas and voluntary export restraints are trade barriers that restrict imports, while tariffs are taxes imposed on imports or exports.

What Is the Term for Long-Term,low-Interest Loans,cash Grants,and Tax Deductions