Some people contend that the majority of Americans realize that they subsidize farmers through various government programs,

Question:

Some people contend that the majority of Americans realize that they subsidize farmers through various government programs, but they don’t mind doing so because they know they are preserving a certain way of life. This argument assumes that the United States wouldn’t be the same—would in some way be diminished—without family farms and that preserving them is worth paying higher taxes and prices. What do you think of the argument? How would you go about determining how much truth there is to it?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

Question Posted: