Final answer:
Redistributive policies transfer wealth from one group to another in society to support low-income individuals and promote equalization.
Step-by-step explanation:
Redistributive policies move benefits from one group to another in an attempt to equalize society. These policies are designed to have a 'Robin Hood' effect, taking wealth or income from the wealthy and middle classes and transferring it to support low-income individuals and families through various social welfare programs. Some examples of redistributive policies are Medicaid, Temporary Assistance for Needy Families (TANF), and the Supplementary Nutritional Aid Program (SNAP). On the other hand, distributive policies collect contributions from much of the population, but the direct benefits are focused on a relatively few, for things like highways and educational grants. Meanwhile, regulatory policies involve costs that are borne by a small number of groups or individuals, with the intended benefits spread widely across society, such as environmental protections and public health regulations.