Corporate welfare refers to government support or subsidies provided to businesses, often in the form of tax breaks, grants, or loans. This financial assistance is intended to promote economic growth, create jobs, or support specific industries. Critics argue that it can lead to an unfair advantage for large corporations over smaller businesses and may not always result in the intended benefits for the economy. Supporters of corporate welfare claim that it can stimulate investment and innovation, helping to maintain competitiveness in a global market. Examples of corporate welfare include programs aimed at supporting renewable energy companies or automobile manufacturers during economic downturns.