Examlex
Use the information given in the figure.
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How many are in B or C?
Welfare Benefits
Welfare benefits are financial or service-based assistance provided by the government to support individuals and families in need, aiming to ensure a minimum standard of living.
Economic Contractions
Periods where an economy experiences a decline in its general economic activity, often marked by reduced GDP.
Laissez-faire
An economic philosophy of free-market capitalism that opposes government intervention in business affairs.
Economic System
The organized way a society allocates its resources and apportions goods and services in the national community.
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