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Welfare is a general term for economic and social assistance programs.

Question 32 options:
True
False

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Answer:

True

Step-by-step explanation:

Welfare is the provision of social and economic support to individuals and families in society. The intention is to help mitigate their suffering. The governments run welfare programs using public funds.

Social welfare will involve the provision of assistance through programs such as healthcare, unemployment compensation, and food stamps. It also includes education assistance and disaster relief. Direct aid is in the form of food aid, provision of housing, and child well-fare support.

Economic welfare has finance aspects. It includes cash transfers to the elderly and people with severe disabilities. Tax relief and incentives are forms of economic welfare. In times of calamities, governments may give direct financial aid to victims.

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