Subsidies are provided by the government keeping in mind the __________ of public.
Show answer & explanation
Correct answer: A
Explanation
The Correct answer is option 1 i.e. welfare
- Subsidies are provided by the government keeping in mind the welfare of public.
- Government subsidies are designed to consider the needs of consumers and stakeholders.
- They are often considered to be in the public's interest.
- These are given to promote a social good or an economic policy.