Unit 4.1 - Lesson 4 - Incidence of Subsidy - Check your knowledge & understanding on ZONDLE.com
|
Learning outcomes:
|
|
Unit 4.1 - Lesson 5 - Calculating Incidence of Subsidy -HL - Paper 3
|
Learning outcomes:
|
Paper 3-Subsidy Calculation |
Are Farm Subsidies in the USA taxpayer money well spent?
Read the following questions and then watch the movie:
1. Why does the government subsidize farmers? 2. Why do politicians think farms need to be saved? What about other businesses? Should the government support all businesses, and prevent them from going broke and closing down? 3. Why would so many members of Congress refuse to speak to John Stossel about the farm bill they supported? 4. Is it fair to suggest that farmers who go out of business will starve? Why / Why not? 5. Walter Williams says that subsidies make it harder for smaller farmers to compete. How can that be? 6. John Stossel said that agriculture in New Zealand boomed once they stopped farm subsidies. “Instead of sucking up to you politicians, they found ways to be more efficient as farmers.” Why would efficiency be affected by subsidies? 7. What might be some unintended consequences of subsidizing crops? 8. If subsidies are good, why shouldn’t the government subsidize everything? Do you feel farm subsidies are good? Why/why not. Consider the advantages and disadvantages of governments offering subsidies. Also, short-term vs. long-term. |
Additional Video on Farm SubsidiesClick on the link below to see a different perspective on subsidies:
Farm Subsidies for European Farmers: http://www.dw.de/eu-to-help-farmers-hit-by-russian-import-ban/a-17860889 |