ECONOMICS
INCOME DISTRIBUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Universal child benefits / unemployment benefit; Public (state) pensions; Conditional welfare transfers e.g. Conditional on attending unemployment programmes; Targeted welfare payments-linked to income;
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Welfare state transfers
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State-provided services (in-kind benefits)
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Its fundamental purpose is to give individuals and families the confidence that their level of living and quality of life will not, insofar as is possible, be greatly eroded by any social or economic eventuality.
Detailed explanation-2: -The benefits system provides practical help and financial support if you are unemployed and looking for work. It also provides you with additional income when your earnings are low, if you are bringing up children, are retired, care for someone, are ill or have a disability.
Detailed explanation-3: -Social protection covers the range of policies and programmes needed to reduce the lifelong consequences of poverty and exclusion.
There is 1 question to complete.