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- Dictionarywelfare/ˈwɛlfɛː/
noun
- 1. the health, happiness, and fortunes of a person or group: "they don't give a damn about the welfare of their families" Similar Opposite
- 2. statutory procedure or social effort designed to promote the basic physical and material well-being of people in need: "the protection of rights to education, housing, and welfare"
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noun. the good fortune, health, happiness, prosperity, etc., of a person, group, or organization; well-being: to look after a child's welfare; the physical or moral welfare of society. welfare work. financial or other assistance to an individual or family from a city, state, or national government:
Your welfare is your happiness and well being. Parents are usually in charge of their children's welfare, making sure they're healthy, happy and well fed. Welfare is a state of content or prosperous existence. So if something bad happens, your welfare is threatened.
n. 1. Health, happiness, and good fortune; well-being: workers concerned with the welfare of their families. 2. a. Financial or other aid provided, especially by the government, to people in need. b. See welfare work. c. See corporate welfare. Idiom: on welfare. Receiving regular assistance from the government or private agencies because of need.
Oct 18, 2022 · Welfare economics is a branch or subfield of economics that concentrates on how resources are allocated to maximize welfare. Defined as the utility or satisfaction derived from consumption or any other economic activity such as resource allocation, trade, or distribution, human welfare remains at the heart of welfare economics.
The well-being of a person is what is good for the person. [21] Theories of well-being try to determine which features of a state are responsible for this state contributing to the person's well-being. Theories of well-being are often classified into hedonistic theories, desire theories, and objective list theories. [2] [22] [11] Hedonistic theories and desire theories are subjective theories.
Poverty means being unable to afford to meet the minimum needs that are deemed reasonable by the standards of the society in question (Ravallion, 1992). Our definition of poverty implies there are needs for basic goods and services alongside social participation. The cost of a minimum standard of living within any society depends on (a) the ...
Welfare economics is defined as the theoretical foundation for Cost-Benefit Analysis (CBA) that investigates the social desirability of different economic situations, particularly in the context of government decisions affecting a country's economy, such as taxation, government spending, and regulation.
The meaning of WELFARE STATE is a social system based on the assumption by a political state of primary responsibility for the individual and social welfare of its citizens. How to use welfare state in a sentence.
welfare-kesejahteraan meaning, definition and translation. English: Health, happiness, and good fortune; well-being. / Indonesian: Kesehatan, kebahagiaan, dan nasib ...
