Subsidization for Dummies
noun
pronunciation: ,sʌbsɪdɪ'zeɪʃʌnWhat does Subsidization really mean?
Hey there! I see you're eager to learn about a new word today. Well, no worries, I'm here to help you grasp the meaning of "subsidization" in the most straightforward way possible. So let's dive right in, shall we?
Subsidization refers to the act of providing financial support or assistance to someone or something. It's like when someone helps you out by giving you money to help cover your expenses or support your activities.
Imagine you want to attend a special summer camp, but the cost is a bit too high for your family. Your parents might seek subsidization from an organization that wants to make sure kids like you have the opportunity to enjoy and grow through summer experiences. So, they step in and offer financial support to make it possible for you to attend.
In a broader sense, subsidization can also be used to describe a situation where the government or other organizations assist certain industries or businesses that need help. This support can come in various forms, such as grants, tax breaks, or low-interest loans. It's like giving these industries a helping hand to get started, keep going, or overcome difficulties they may be facing.
Think of it this way: let's say you have a lemonade stand, and you're struggling to make a profit because the price of lemons has increased. The local government might step in and provide a subsidization by reducing the tax on lemons, helping you to lower the cost of your lemonade and attract more customers. This way, you can keep your business running smoothly and make a profit.
So, my friend, subsidization simply means providing financial aid or support to individuals, organizations, or even industries that need a little extra help. It's like a helping hand, a boost, or a safety net to ensure that everyone has the opportunity to succeed, no matter their circumstances. I hope that clears things up for you!
Remember, don't hesitate to ask if you need any further clarification. Learning new words can be tricky sometimes, but together, we'll make it easier for you. Keep up the great work!
Revised and Fact checked by Stephanie Wilson on 2023-10-28 22:05:44
Subsidization In a sentece
Learn how to use Subsidization inside a sentece
- The government provides subsidization for farmers to help them buy seeds and equipment.
- The museum offers subsidization for school field trips, so students only have to pay a small fee to visit.
- The company received subsidization from the local government to build a new factory and create jobs.
- Low-income families can receive subsidization to help cover the cost of their monthly rent.
- The music school offers subsidization for talented students who cannot afford to pay for lessons.
Subsidization Synonyms
Words that can be interchanged for the original word in the same context.
Subsidization Hypernyms
Words that are more generic than the original word.
Subsidization Hyponyms
Words that are more specific than the original word.