ECONOMICS
COMPETITION AND MARKET STRUCTURES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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helping hammock
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big push
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safety net
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public good
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Detailed explanation-1: -The social safety net (SSN) consists of non-contributory assistance existing to improve lives of vulnerable families and individuals experiencing poverty and destitution.
Detailed explanation-2: -Financial safety net is arrangements where the stress of a financial institution especially that of a private sector one is managed through a public policy instrument.
Detailed explanation-3: -A safety net is a net to protect people from injury after falling from heights by limiting the distance they fall, and deflecting to dissipate the impact energy. The term also refers to devices for arresting falling or flying objects for the safety of people beyond or below the net.
Detailed explanation-4: -Social protection systems use a range of entitlement criteria. First-tier support typically requires contributions or past employment in many countries, while safety net benefits are granted on the basis of need.