Welfare

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Dictionary Says

Definition of 'Welfare'

A government program which provides financial aid to individuals or groups who cannot support themselves. Welfare programs are funded by taxpayers and allow people to cope with financial stress during rough periods of their lives. In most cases, people who use welfare will receive a biweekly or monthly payment. The goals of welfare vary, as it looks to promote the pursuance of work, education or, in some instances, a better standard of living.
Investopedia Says

Investopedia explains 'Welfare'

The desired outcomes of people on welfare will depend primarily on the circumstances that caused them to apply for aid. A mentally or physically disabled person may not be expected to assume independence after a period of time, so welfare would provide ongoing aid to better their standard of living. A person lacking education, or who cannot currently provide for themselves, also might be provided welfare. In this case, the person would be expected to receive training or take steps towards financial independence. Ongoing welfare is not a desirable outcome for this individual according to those giving it.
Search results for

'Welfare'

  • How To Combat Youth Unemployment - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1111/How-To-Combat-Youth-Unemployment.aspx
    ... (For more on small business, read Starting A Small Business In Tough Economic
    Times.). Is Welfare a Desired Alternative? Despite ...

  • What Countries Get For Their High Taxes - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1210/What-Countries-Get-For-Their-High-Taxes.aspx
    ... them. Sweden A model of the modern welfare state, Sweden boasts high taxes
    that pay for a variety of social programs. These include ...

  • Top 4 Reasons To Save For Retirement Now

    http://www.investopedia.com/articles/retirement/07/noexcuses.asp
    ... Therefore, you should save for retirement because: 1. You don't want to rely
    on the welfare system to finance your retirement years. ...

  • Macroeconomics: Microeconomics Foundation | Investopedia

    http://www.investopedia.com/university/macroeconomics/macroeconomics2.asp
    ... Economics holds that maximizing welfare is a key goal in all economic pursuits.
    Welfare can be broadly defined as the maximum enjoyment ...

  • 5 Lesser-Known Retirement And Benefit Plans

    http://www.investopedia.com/articles/retirement/5-lesser-known-retirement-plans.asp
    ... 419(e) Plans Commonly known as Welfare Benefit Plans, these plans essentially function
    as a funding vehicle for insurance benefits that employees can use after ...

  • Minimum Wage: Good Cause Or Economic Pariah? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0112/Minimum-Wage-Good-Cause-Or-Economic-Pariah.aspx
    ... Additionally, it is believed that a sustainable minimum wage reduces the cost of
    social welfare programs that might otherwise have to assist low-income workers ...

  • The Government And Risk: A Love-Hate Relationship

    http://www.investopedia.com/articles/financial-theory/09/government-subsidizing-risk.asp
    ... At the center of this debate, is the General Welfare Clause (Article I, Section
    8) of the Constitution, which gives the government the authority to tax in ...

  • What Countries Get For Their High Taxes Slideshow | Investopedia

    http://www.investopedia.com/slide-show/countries-high-taxes
    ... other country. Sweden. A model of the modern welfare state, Sweden boasts
    high taxes that pay for a variety of social programs. These ...

  • What Countries Get For Their High Taxes Slideshow | Investopedia

    http://www.investopedia.com/slide-show/countries-high-taxes/denmark.aspx
    ... other country. Sweden. A model of the modern welfare state, Sweden boasts
    high taxes that pay for a variety of social programs. These ...

  • What Countries Get For Their High Taxes Slideshow | Investopedia

    http://www.investopedia.com/slide-show/countries-high-taxes/belgium.aspx
    ... other country. Sweden. A model of the modern welfare state, Sweden boasts
    high taxes that pay for a variety of social programs. These ...

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