Welfare

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Welfare may refer to:

In economics:

  • Social welfare provision, government programs which seek to provide a minimum level of income, service or other support for disadvantaged peoples
  • Welfare (financial aid), financial assistance paid by taxpayers to people who are unable to support themselves, cf. Workfare, an alternative model requiring recipients to participate in work-rehabilitation programs,
    • Corporate welfare, a pejorative describing a government's bestowal of money grants, tax breaks, or other special favorable treatment on corporations
  • Welfare state, in which the state assumes primary responsibility for the welfare of its citizens beyond a minimum level
  • Welfare economics, determines allocative efficiency and the income distribution within an economy; see also, Social welfare function
  • Social security, social welfare service concerned with social protection

[edit] See also