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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.
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These differences are the result of the pressure to behave in ways viewed as acceptable within traditional gender-role constraints.
Almost half the world over three billion people live on less than $2.50 a day. At least 80% of humanity lives on less than $10 a day. More than 80 percent of the world's population lives in countries where income differentials are widening.
