financial assistance to struggling industries or companies
Financial assistance to struggling industries or companies refers to the provision of monetary support, typically by the government or other entities, to help distressed industries or companies overcome financial challenges and avoid collapsing. This aid is aimed at stabilizing or revitalizing the industry/company, enhancing its competitiveness, and preserving jobs and economic stability.
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Related Concepts (1)
Similar Concepts
- emergency financial assistance
- emergency funding
- emergency funding for businesses
- emergency funding for individuals
- emergency funding for infrastructure projects
- emergency funding for troubled companies
- emergency loans
- financial assistance
- financial hardship assistance
- financial support
- government assistance
- government support for struggling sectors of the economy
- grant funding for small businesses
- support for small businesses through bailout programs
- tax breaks for specific industries