Question

Which of these government policies pursues the economic goal of equity?

Answer 1

The aim of the government Policies that pursues the economic goal of equity is Providing welfare benefits

Explanation:

• In order to ensure equity in the economy the government provides welfare benefits to the needy people.

• Welfare Benefits are the government sponsored welfare programs for the individual and families that need such support.

• Welfare benefits include Unemployment compensation,food stamps and health care assistance

• The example of the welfare benefit program run by the US federal government is Temporary Assistance for Needy Families (TANF) program

Answer 2

"Providing welfare benefits" government policies pursues the economic goal of equity.

Option: B

Explanation:

To ensure economic stability the government offers welfare benefits for the vulnerables. Welfare benefits are federal programs supported by the government for the families and individuals who need such assistance. Welfare benefits include reimbursement for unemployment, food stamps and support for health care. There seem to be six significant welfare programs in the United States. These include

• Temporary Assistance for Needy Families (TANF),
• Medicare,
• Supplemental Nutrition Assistance Program (SNAP or food stamps),
• Supplemental Security Income (SSI),
• Earned Income Tax Credit (EITC), and
• Housing Assistance.