Search
Corporate welfare
01
subsidies, incentives, or benefits given by the government to big or growing businesses and corporations
Example
Proponents of corporate welfare claim that such financial support is necessary to protect jobs and stimulate economic growth.
Critics argue that corporate welfare distorts the free market by giving unfair advantages to certain businesses through government subsidies.
Transparency advocates call for greater oversight and accountability in the distribution of corporate welfare to ensure that the funds are used effectively.
The debate over corporate welfare intensified as taxpayers questioned the justification of using public funds to bail out failing industries.
The government faced backlash for providing corporate welfare to large multinational corporations while small businesses struggled to survive.
