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Officials told farmers what to grow, bought their crops, and sold them at subsidized prices.
Financial and business terms. 2012.
price — A fixed value of something. Prices are usually expressed in monetary terms. In a free market, prices are set as a result of the interaction of supply and demand in a market; when demand for a product increases and supply remains constant, the… … Financial and business terms
Price discrimination — or price differentiation[1] exists when sales of identical goods or services are transacted at different prices from the same provider.[2] In a theoretical market with perfect information, perfect substitutes, and no transaction costs or… … Wikipedia
price system — ▪ economics Introduction a means of organizing economic activity. It does this primarily by coordinating the decisions of consumers, producers, and owners of productive resources. Millions of economic agents who have no direct communication … Universalium
Subsidized housing — Subsidised housing (aka social housing) is government supported accommodation for people with low to moderate incomes. Forms of subsidies include direct housing subsidies, non profit housing, public housing, rent supplements and some forms of co… … Wikipedia
2007–2008 world food price crisis — The years 2007–2008 saw dramatic rises in world food prices, creating a global crisis and causing political and economical instability and social unrest in both poor and developed nations. Systemic causes for the world wide increases in food… … Wikipedia
Effect of taxes and subsidies on price — Taxes and subsidies have the effect of shifting the quantity and price of goods. Tax impact A marginal tax on the sellers of a good will shift the supply curve to the left until the vertical distance between the two supply curves is equal to the… … Wikipedia
ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… … Encyclopedia of Judaism
Subsidy — In economics, a subsidy (also known as a subvention) is a form of financial assistance paid to a business or economic sector. A subsidy can be used to support businesses that might otherwise fail, or to encourage activities that would otherwise… … Wikipedia
South Side (Chicago) — The South Side is a major part of the City of Chicago, which is located in Cook County, Illinois, United States. Much of it has evolved from the city s incorporation of independent townships, such as Hyde Park Township which voted along with… … Wikipedia
South Side, Chicago — This article is about the southern part of the City of Chicago. For the region south of Chicago, see Chicago Southland. The Victory Monument, which listed on the National Register of Historic Places, is located in the Black Metropolis Bronzeville … Wikipedia
