Question

Many Japanese people view rice as the cornerstone of their national identity. Despite declining domestic consumption of rice per capita, lower yield compared to other rice-producing nations, and higher production costs, the Japanese government has, with some exceptions, traditionally supported the rice-production industry. This support includes both subsidies funded by taxes collected from a citizenry that has increasingly tenuous links to the countryside, and import tariffs and quotas. Which concept best corresponds to the Japanese government's protection of its rice-production industry? O exploitation O fair and equal treatment O cultural goods and paternalism O meddlesome preferences

Answer 1

Solution: cultural goods and paternalism

Explanation: Japanese government is supporting the rice industry despite of the decrease in demand and lower yield in comparison to other rice-producing countries; thus depicts the cultural goods and paternalism wherein the governments support few industries even when the public isn't willing to pay for the items produced by them, these schemes on subsidy tend to be wasteful and counterproductive