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economics

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what are welfare payments or consumer subsidies

  • economics -

    In what country?

  • economics -

    Welfare payment is the provision of a minimal level of well being and social support for all citizens. In most developed countries, welfare is largely provided by the government, in addition to charities, informal social groups, religious groups, and inter-governmental organizations.

    Welfare can take a variety of forms, such as monetary payments, subsidies and vouchers, or housing assistance. It is commonly provided to individuals who are unemployed, those with illness or disability, the elderly, those with dependent children, and veterans.

  • economics -

    Welfare payment is the provision of minimal level of wellbeing

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