A subsidy is a financial assistance provided by the government to support a specific industry, business, or group of individuals. This support can come in various forms, such as direct cash payments, tax breaks, or reduced prices for goods and services. The main goal of subsidies is to encourage production, lower prices for consumers, or promote economic growth in certain sectors. Subsidies are often used in areas like agriculture, education, and renewable energy. For example, a government might provide a subsidy to farmers to help them grow crops more affordably, ensuring a stable food supply. Similarly, subsidies for solar energy can make it more accessible for households to adopt clean energy solutions.