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agricultural price support

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  • Price support — In economics, a price support may be either a subsidy or a price control, both with the intended effect of keeping the market price of a good higher than the competitive equilibrium level.In the case of a price control, a price support is the… …   Wikipedia

  • Market price support — (MPS) is an indicator, developed by the OECD, used in the calculation of Producer and Consumer Subsidy Equivalents (PSE/CSE). MPS is the annual monetary value of gross transfers from consumers and taxpayers to agricultural producers arising from… …   Wikipedia

  • price support — A government policy of providing support for certain basic, usually agricultural, products to stop the price falling below an agreed level. Support prices can be administered in various ways: the government can purchase and stockpile surplus… …   Big dictionary of business and management

  • Agricultural Adjustment Act of 1938 — The Agricultural Adjustment Act of 1938 was legislation in the United States that resulted from the unconstitutionality of previous New Deal farm legislation (Agricultural Adjustment Act of 1933) and the success of the Soil Conservation and… …   Wikipedia

  • Agricultural policy of the United States — is the governing policy of agriculture in the United States and is composed primarily of the periodically renewed federal U.S. farm bills.HistoryOver the first 200 years of U.S. agricultural history, until the 1920s, agricultural policy in the… …   Wikipedia

  • United States Senate Agriculture Subcommittee on Production, Income Protection and Price Support — The U.S. Senate Agriculture Subcommittee on Production and Price Competitiveness is one of four subcommittees of the U.S. Senate Committee on Agriculture, Nutrition and Forestry.This subcommittee has jurisdiction over legislation on agricultural… …   Wikipedia

  • price-sup|port|ed — «PRYS suh PR tihd, POHR », adjective. that is given price support: »price supported agricultural commodities …   Useful english dictionary

  • agricultural economics — Introduction       study of the allocation, distribution, and utilization of the resources used, along with the commodities produced, by farming. Agricultural economics plays a role in the economics of development, for a continuous level of farm… …   Universalium

  • Agricultural subsidy — An agricultural subsidy is a governmental subsidy paid to farmers and agribusinesses to supplement their income, manage the supply of agricultural commodities, and influence the cost and supply of such commodities. Examples of such commodities… …   Wikipedia

  • Agricultural policy — describes a set of laws relating to domestic agriculture and imports of foreign agricultural products. Governments usually implement agricultural policies with the goal of achieving a specific outcome in the domestic agricultural product markets …   Wikipedia

  • Price scissors — The price scissors is an economic phenomenon when for a certain group or sector of productive population the overall valuation from their production for sale outside this group drops below the valuation of the demand of this group for goods… …   Wikipedia

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