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A Basic Analysis Of The Balkan Economy In Relation To The E.U.


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farm subsidies: a necessary evil?

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 so that they would grow and sell a certain amount of crops. As a result,

Steinbeck argued, many people starved unnecessarily. Steinbeck examined farm subsidies

from a personal level, showing how they hurt the common man. Subsidies have a variety

of other problems, both on the micro and macro level, that should not be ignored. Despite

their benefits, farm subsidies are an inefficient and dysfunctional part of our economic

system.

The problems of the American farmer arose in the 1920s, and various methods

were introduced to help solve them.......

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Approximate Word Count: 1329
Approximate Pages: 6 (260 words per double-spaced page)

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