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🌐 Entity
Subsidy
Financial support to an economic sector
📊 Rating
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📌 Topics
- US-China Tech Competition (1)
- AI Development (1)
- Corporate Strategy (1)
- Geopolitical Technology (1)
🏷️ Keywords
Microsoft (1) · Brad Smith (1) · China AI subsidies (1) · US-China competition (1) · artificial intelligence (1) · tech rivalry (1) · corporate concerns (1) · AI development (1)
📖 Key Information
A subsidy, subvention or government incentive is a type of government expenditure which redistributes from tax payers to individuals, households, or businesses.
Subsidies take various forms, such as direct government expenditures, tax incentives, soft loans, price support, and government provision of goods and services. For instance, the government may distribute direct payment subsidies to individuals and households during an economic downturn in order to help its citizens pay their bills and to stimulate economic activity.
📰 Related News (1)
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