ECONOMICS
MARKET FAILURES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Social Insurance
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welfare
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Discrimination
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Union
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Detailed explanation-1: -Supplemental Nutrition Assistance Program (SNAP) Health Insurance Marketplace. Medicaid. Child’s Health Insurance Program (CHIP) Subsidized Housing, Housing Vouchers, and Public Housing Programs. Supplemental Security Income Program (SSI) Welfare or TANF. No-cost internet through the Affordable Connectivity Program (ACP) More items
Detailed explanation-2: -National Family Benefit Scheme (NFBS): Under the scheme a BPL household is entitled to lump sum amount of money on the death of primary breadwinner aged between 18 and 64 years. The amount of assistance is Rs. 10.000/-.
Detailed explanation-3: -Public supports like the Supplemental Nutrition Assistance Program (SNAP) and the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) help low-and moderate-income families purchase food, avoid hunger and food insecurity, and free up household resources to cover other needs.
Detailed explanation-4: -Definition of ‘social assistance’ 1. public provision for the economic, and sometimes social, welfare of elderly people, unemployed people, etc, esp through pensions and other monetary assistance. 2. ( often capitals) a government programme designed to provide such assistance.
Detailed explanation-5: -The government provides Filipinos social welfare services through the Social Security System (SSS), the Government Service Insurance System (GSIS), the Home Development Mutual Fund (Pag-IBIG), and the Philippine Health Insurance Corporation (PhilHealth).