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Farm Subsidies - A Necessary Evil?
Beginning of paper
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Subsidies are payments, economic concessions, or privileges given by
the government to favor businesses or consumers. In the 1930s, subsidies
were designed to favor agriculture. John Steinbeck expressed his dislike of
the farm subsidy system of the United States in his book, The Grapes of
Wrath. In that book, the government gave money to farms s ....
Middle of paper
.... (Long 85). As a result of this, food prices went down. The small
farmer was no longer able to compete, lacking the capital to buy productive
machinery. Small farms lost their practicality, and many farmers were
forced to consolidate to compete. Fewer, larger farms resulted (Reische 51).
During the Depression, unemployment grew while income shrank..... |
| Word count: 1178 |
Page count: 5 |
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