What Are Some of the Major Pressures and Strains Facing

question 43

Essay

What are some of the major pressures and strains facing the U.S. welfare state(s)?

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Definitions:

Social Security

A government program that provides financial assistance to people with an inadequate or no income, primarily the elderly, disabled, and families of deceased workers.

Economic Policy

Strategies and actions taken by the government or regulatory bodies to influence the economy's behavior and outcomes.

Economic Growth

The escalation in the real value of goods and services an economy produces, adjusted for inflation, across a timeframe.

Economic Output

The total value of all goods and services produced by an economy over a specific time period.