Should agricultural subsidies be stopped Essay Example

Governments offer agricultural subsidies to farmers and agribusinesses for the purpose of supplementing their earnings, regulating the supply of agricultural commodities, and managing their cost and availability. This is seen as an effective means of promoting growth in the agricultural sector while enabling developed countries to maintain their leadership position in this industry. In the Caribbean region, these subsidies are utilized to motivate better farming practices that boost output and safeguard natural resources.

Government subsidies come in various forms, including cash, production inputs, and rebates on income taxes. Despite the existence of many small incentives, farmers view them as meager assistance or handouts rather than motivation to adopt certain practices. The effort expended by small farmers to obtain these small subsidies can exacerbate their frustration and annoyance with them. Consequently, small subsidies are s