Question 1

The tobacco industry has been receiving federal subsidies since __________.

Accepted Answer

A)  1886 
B)  1902 
C)  1933 
D)  1955 
E)  1964 C

Question 2

According to the government, "farmers" include individual persons, municipal governments, universities, prison systems, and Fortune 500 companies.

Accepted Answer

A) True 
 B)False  True

Question 3

Select one type of agribusiness subsidy and describe the various ways in which the government subsidies the business. Why does the government continue to subsidize this business?

Accepted Answer

One type of agribusiness subsidy is the direct payment subsidy. This type of subsidy involves the government providing financial assistance directly to farmers or agribusinesses. The government may do this through a variety of methods, including providing payments based on historical production levels, acreage, or specific crops. These subsidies are intended to help farmers and agribusinesses manage risk and stabilize their income, especially during times of low market prices or natural disasters.

In addition to direct payment subsidies, the government may also provide subsidies for crop insurance, conservation practices, and research and development in the agricultural sector. These subsidies are designed to support the overall stability and growth of the agribusiness industry.

The government continues to subsidize agribusiness for several reasons. Firstly, agriculture is a vital industry that provides food and resources for the population. By subsidizing agribusiness, the government can ensure a stable and secure food supply for the country. Additionally, agribusiness subsidies can help support rural economies and communities, as many farmers and agribusinesses are located in rural areas. Subsidies can also help to promote sustainable farming practices and environmental conservation, which are important for the long-term health of the agricultural industry and the environment.

Overall, government subsidies for agribusiness are intended to support the industry, ensure food security, and promote economic and environmental sustainability.

Question 4

The majority of U.S. farmers receive agricultural subsidies from the government.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following crops receive 90 percent of all federal subsidies?

Accepted Answer

A)  corn, wheat, strawberries, rice, and cotton 
B)  corn, rice, apples, strawberries, and cotton 
C)  corn, wheat, sugar beets, strawberries, and tobacco 
D)  wheat, corn, rice, cotton, and soybeans

Question 6

Farmers who receive government subsidies must live the state in which their subsidized farms are located.

Accepted Answer

A) True 
 B)False

Question 7

Describe the various ways in which tobacco is subsidized. How has the tobacco lobby responded to proposals to end tobacco subsides, as well as public pressure to discourage smoking?

Accepted Answer

The answer of Describe the various ways in which tobacco...

Question 8

The federal government defines "farm" as which of the following?

Accepted Answer

A)  any land that produces $1,000 or more in agricultural products 
B)  any land whose products are used for human or animal consumption, or fuel, and which is the primary residence of a farmer 
C)  any land used to produce food for humans or animals that may or may not be sold at market 
D)  none of the above

Question 9

Because of production quotas established by the government, peanut and tobacco farmers must be licensed by the government.

Accepted Answer

A) True 
 B)False

Question 10

During the Great Depression, 25 percent of the American population lived and worked on farms. Today, that figure has dropped to_______ percent.

Accepted Answer

A)  2 
B)  5 
C)  10 
D)  15

Question 11

Zepezauer uses the term "wealthfare" to describe_________ .

Accepted Answer

A)  trade shows, conventions, and fairs hosted by banks and brokerage firms that publicize the latest investment products and tools. 
B)  the new term established with the Welfare Reform Act of 1996 that replaced the term "welfare" in an effort to lessen the stigma associated with the receipt of government benefits. 
C)  the money government gives away to corporations and wealthy individuals. 
D)  none of the above

Question 12

Describe the original purpose of agricultural subsidies. Using specific examples, describe how the government strayed from that purpose, according to Zepezauer.

Accepted Answer

The answer of Describe the original purpose of agricultural subsidies....

Question 13

Agribusiness subsidies, such as price supports, import restrictions, and market and production quotas help keep food prices in the U.S. lower than on the world market.

Accepted Answer

A) True 
 B)False

Exam 1: Pinto Madness Mark Dowie

The tobacco industry has been receiving federal subsidies since __________.

According to the government, "farmers" include individual persons, municipal governments, universities, prison systems, and Fortune 500 companies.

Select one type of agribusiness subsidy and describe the various ways in which the government subsidies the business. Why does the government continue to subsidize this business?

The majority of U.S. farmers receive agricultural subsidies from the government.

Which of the following crops receive 90 percent of all federal subsidies?

Farmers who receive government subsidies must live the state in which their subsidized farms are located.

Describe the various ways in which tobacco is subsidized. How has the tobacco lobby responded to proposals to end tobacco subsides, as well as public pressure to discourage smoking?

The federal government defines "farm" as which of the following?

Because of production quotas established by the government, peanut and tobacco farmers must be licensed by the government.

During the Great Depression, 25 percent of the American population lived and worked on farms. Today, that figure has dropped to_______ percent.

Zepezauer uses the term "wealthfare" to describe_________ .

Describe the original purpose of agricultural subsidies. Using specific examples, describe how the government strayed from that purpose, according to Zepezauer.

Agribusiness subsidies, such as price supports, import restrictions, and market and production quotas help keep food prices in the U.S. lower than on the world market.