What is a "welfare state" and how is it funded? 🔊
A "welfare state" is a government that assumes responsibility for the well-being of its citizens by providing various social services, such as healthcare, education, and unemployment assistance. The welfare state is primarily funded through taxation, with the government collecting revenues to finance these programs. The objective is to ensure a minimum standard of living and reduce inequality by redistributing wealth. Various models exist, reflecting different approaches to welfare provision and the balance between individual responsibility and state support. The welfare state aims to promote social justice and enhance the overall quality of life for citizens.
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