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Tems11 [23]
2 years ago
13

Please select the word from the list that best fits the definition redistribution of money among segments of society to help tho

se in need.
Social Studies
1 answer:
AveGali [126]2 years ago
6 0

A transfer payments corresponds to a definition of redistributing money between segments of society to help those in need.

<h3 /><h3>What is a transfer payments?</h3>

It corresponds to the governmental efforts of a country to help the most needy citizens by making a monetary payment where there is no exchange for goods or services. Some examples of transfer payments are:

  • Unemployment Insurance
  • Social Security

Therefore, a transfer payment constitutes an aid to needy citizens so that they can keep their basic needs met.

Find out more about transfer payments here:

brainly.com/question/7176766

#SPJ1

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