Government Intervention Strategies

1 words in this vocabulary list

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.

  • The government implemented a policy of price support to stabilize the agricultural market.
  • The government is helping farmers by giving them price support for their crops.
  • Farmers are getting a boost with some price support from the authorities.
  • Price support acts like a safety net for farmers in times of market fluctuations.