Subsidies are financial assistance given by the government to certain industries or individuals to support them. They can help lower the cost of products and services for consumers. Subsidies are often used to promote growth in specific sectors such as agriculture or renewable energy. Some critics argue that subsidies can distort markets and create dependency. However, proponents believe that they can stimulate innovation and economic development. It is essential to carefully evaluate the effectiveness of subsidies to ensure that they achieve their intended goals without causing unintended consequences. Overall, subsidies play a significant role in shaping economies and supporting various sectors.