Price Support

B2 16+
  • Frequency of Use
    65 %
  • Retention Rate
    40 %
  • Complexity
    60 %
  • Price Support Meanings

    noun a noun is a word that represents a person, place, thing, or idea. In this case, 'price support' is a noun referring to a government policy or program designed to maintain or increase the market price of a commodity or product.

    Fields related to price support

    Finance

    Price support mechanisms can be used in financial markets to stabilize asset prices during times of volatility.

    Economics

    Price support refers to government intervention in the market to maintain or increase the price of a commodity above its market equilibrium level.

    Agriculture

    Price support programs are common in agriculture to protect farmers from fluctuations in market prices.

    Policy Making

    Price support policies are implemented by governments to achieve specific economic goals such as income stability for producers.

    Occupation Usage of price support

    Writer

    Price support may be discussed in articles about agricultural policies and their impact on farmers.

    Psychologist

    Psychologists may study the effects of price support programs on the mental health and well-being of individuals in industries affected by price fluctuations.

    Economist

    Economists analyze the effectiveness of price support mechanisms in stabilizing markets and supporting certain industries.

    Policy Analyst

    Policy analysts evaluate the implications of price support policies on various sectors of the economy and make recommendations for improvements.

    Agricultural Economist

    Agricultural economists focus on the specific application of price support programs in the agricultural sector and their impact on farmers and food prices.

    Consolidated Statistics about price support

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