(US) subsidized for social reasons

simple past tense and past participle of socialize

(intransitive) To interact with others / (transitive) To instruct somebody, usually subconsciously, in the etiquette of a society

present participle of socialize

plural of social

Third-person singular simple present indicative form of socialize

(sociology, psychology) The process of learning how to live in a way acceptable to one's own society, said especially about children. / The act of interacting with others, of being social.

involving activities among people especially free time activities

in a way that is about people being together or living in groups

The practice in otherwise free market capitalist economies in which the government steps in to bail out or otherwise subsidize weak or failing firms. A government attempting to transition from capitalism to socialism by this method takes control of the worst industries — the "lemons" — first, which undermines such an approach.