Tuesday, June 18, 2019
Corporate welfare Essay Example | Topics and Well Written Essays - 250 words - 3
Corporate welfare - Essay ExampleIn addition, at the time lenders and creditors were unavailable. Numerous corporations were facing closure due to huge monetary debts. With an objective to start out the economy, the government had to develop strategies that would keep these organizations open thus the creation of corporation welfare (Cay 24).Since is initiation the policy has been effective. Numerous corporations have been bailed surface of financial crisis. In addition, the modern day corporate welfare policies are created to enhance the sustainability of major companies (Roger 44). For instance, agricultural subsidies in the United States are used to sustain large corporations in the industry (Roger 44). These corporations are able to sustain their financial burden.The current corporation welfare strategies have been criticized. Majority of the people embrace the accommodation that the money could be more useful tothe poor not large corporations (Fisher& Peters 89). For instanc e, it could be more effective if agricultural subsidies are used to support farmers earlier that the major institutions in the
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