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Since we have price and income support programs for agricultural commodities, and subsidized crop and revenue insurance, let's accept that someone believes that the necessary
Since we have price and income support programs for agricultural commodities, and subsidized crop and revenue insurance, let's accept that someone believes that the necessary condition of a market failure has been met. But the sufficient condition is that the government failures are not worse than the original problem. Read what you can that is critical of farm programs and list at least TWO government failures that have occurred as a result of programs from the farm bill that support crop income (price and income supports or subsidized insurance)
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