Business, 11.03.2022 14:00 ashleyjsansano9359

The story of American sugar production illustrates the real-world consequences of price controls. Various price supports have been implemented over the years to maintain of domestic sugar.
This has led U. S.-produced sugar to become two to three times than the world price. The
result is overproduction and waste as U. S. farmers are to produce more sugar than is needed
in regions that are not suited for growing the crop.

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The story of American sugar production illustrates the real-world consequences of price controls....

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