Nama : RISYA ZAHRANI KASIM

Kelas : Akunansi A
Nim : 4519013020

a. Reading Comprehension SUBSIDY

A subsidy is an economics term that refer to the financial benefit provided by the
government to certain domestic inndustries or sectors in the form of tax reduction or cash
payment. Subsidies reduce the price of the commodities of the industry to a level below their
cost production. A subsidy therefore reduces the burden on the industries or sectors and is benefit
to the public in general.

Sunsidies were first introduced by Thomas Wolsey. This was introduced in 1513 to
enable King VIII to pay for the war with Frence alongside maintaining his oppulent lifestyle.

Subsidies are provided by the government to enhance production of goods and

services in a particular industry. It also provided to promote the widespread use and consumption
of the goods and services that are considered meritorious by the government. Subsidies also help
to overcome the thread of bankcruptcy and unemployment in a declining industry.

Answer the following questions based on the passage!

1. What is subsidiy in an economics term?

Answer = A subsidy is an economics term that refer to the financial benefit provided by
the government to certain domestic inndustries or sectors in the form of tax reduction or
cash payment.

1. What is the function of subsidy?

Answer = a function is a subsidy reduces industrial commodity prices to levels below

the cost of production. Therefore subsidies reduce the burden on the industry or sector
and benefit society in general.
 2. Who was the first introduced the subsidies?
Answer = Sunsidies were first introduced by Thomas Wolsey. This was introduced in
1513 to enable King VIII to pay for the war with Frence alongside maintaining his
oppulent lifestyle.

3. Is a “sunsidy” a noun? Why?

Answer = subsidies are nouns due to monetary assistance and so on to foundations,
associations, etc. (usually from the government).

4. Is “Thomas Wolsey” a noun? Why?

Answer = Thomas Wolsey is not a noun but a person (human) because Thomas Wolsey
has a form or a soul.

b. Vocabulary

Which of these terms is described in a sentence below?

a. subsidy d. commodities

b. industry e. goods

c. domestic f. production

1. Thing to be sold or things belonging to a person. (……Production…….)

2. The financial benefit provided by the government to to certain domestic inndustries or sectors
in the form of tax reduction or cash payment. (…...Subsidy…….)

3. Particular kind of work in factories, mines, etc, to manufacture, obtain, things constracted with
distribution and commerce. (………Industry……….)

4. Related to the home, family or one’s own country. (…..Domestis…..)

5. The process of producing or something produced. (……Goods……..)

6. An article of trade. (……Commodities…..)

c. Writing Activity

Write a short paragraph about a brief the government subsidy program that you know.
When do the programs happened, to whom do the subsidies refered to, and what do the benefits
that public or industry get from the subsidies. (Noted: Give a tittle to your paragraph and it must
be at least 3 paragraph).

Answer

subsidized internet quota

Since mid-March 2020, all students and university students have taken part in online
learning or distance learning (PJJ) due to the Covid-19 pandemic. Because the pandemic is still
happening today, internet quota is very important.

As an implementation of the 4 Ministers' Joint Decree (SKB) on Guidelines for Learning

Implementation for the 2020-2021 Academic Year during the Covid-19 pandemic, the
government provided internet quota assistance.

Internet quota assistance or subsidies are given to students, teachers, students and
lecturers, which have always been used for PJJ. This internet quota subsidy is given to ease the
burden on parents and make it easier for students, teachers, students and lecturers to study online