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Unformatted text preview: and would have to buy from other countries. By providing the subsidies to the U.S. farms, the U.S. will also reap the benefits of the product as the farmers are able to sell back at a price below what it cost to produce it. 3. The mom and pop farms would be the major beneficiaries of the elimination of farm subsidies because the subsidies mostly appeal to the large farmers and now since the large farmers dont have this, it is more of a risk for them to continue producing at such a great abundance because if something goes wrong, they will be hurt economically. Also with the mom and pop farms, the prices will not be somewhat more equal because without these subsidies, large farm owners cannot sell at a price below what it costs to produce....
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- Fall '09
- Electrical Engineering