Which of the following best describes the role of subsidy programs in enhancing social welfare?

Subsidy programs play a crucial role in enhancing social welfare by providing financial support to individuals or businesses, making essential goods and services more affordable. For example, a government might offer subsidies for public transportation, allowing more people to travel without the burden of high costs. This not only helps low-income families save money but also encourages the use of public transport, reducing traffic and pollution. By supporting sectors like healthcare or education, subsidies can improve access to important services, leading to a healthier and more educated population. Ultimately, these programs aim to create a fairer society where everyone has the opportunity to thrive.