What Is Meant By Social Welfare?
A social welfare system offers assistance to individuals and families in need, with such programs as health care assistance, food stamps, and unemployment compensation. Lesser known parts of a social welfare system include disaster relief and educational assistance.
What is meant by social welfare in economics?
From Wikipedia, the free encyclopedia. In welfare economics, a social welfare function is a function that ranks social states (alternative complete descriptions of the society) as less desirable, more desirable, or indifferent for every possible pair of social states.
Social welfare function - Wikipedia
What is social welfare Wikipedia?
Welfare (or commonly, social welfare) is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter.
Welfare - Wikipedia