Subsidizing in United States

Subsidizing in United States

May 23, 2019 Sample Dissertation 0

The United States of America is one of the largest depended country working hard on its agriculture sector by providing subsidiaries. The US government gives out a dollar twenty billion per year to direct subsidies from the US farm bills as farm income stabilization. However, not every individual living in the US like the idea of subsidies.

It has been analyzed by the collected data that dollar three million were given to 2300 farms. A report of The Economic and Environmentally friendly Impacts of Agriculture Subsidies mentions: a valuation of the US Farm Bill and Doha Round, the higher subsidies likely to lead to a strengthening of production of agriculture in various OECD countries which can generally be considered detrimental to the environment in terms of exposure to pesticides and fertilizers including habitat destruction.

The beneficiaries of the specific subsidies have changed in the recent years as agriculture in the US has changed. Moreover, the direct payments of subsidies are mainly limited to every interested individual farmer or group of farmers. The programs related to subsidy give farmers extra amount of money for their growing crops and the price floor is also guaranteed. In the US, corn is considered and known the top crop for subsidy payments.

Producers of corn has a positive aspect as they are also benefitted from a federal subsidy of some amount per gallon. Furthermore, there are numerous positive and negative aspects of agricultural subsidies in US. There are number of positive impact of agricultural subsidies even though not every country support or want to pursue a career in farming. However, there are positive aspects and various benefits of producing own food for both the people of the country and the economy. Agricultural subsidies lessens the need and the requirement to source food from outside borders.

The US government provide subsidies help in terms of giving farmers some particular amount of money to grow different seasonal crops on their own land. The positive aspect is that country doesn’t need to rely on international sources of food and they do not have to pay different taxes. There is a cost benefit in terms of using country’s own food sources rather than importing from different countries. On the other hand, US also have negative impact of subsidy in agriculture. To some extent farming is damaging the environment of the US since many complaints against agricultural subsidies have been raised and it is that they’re disadvantageous to the environment.