Describe Three Significant Differences Between Social Insurance and Public Assistance

question 16

Essay

Describe three significant differences between social insurance and public assistance.

---

Definitions:

Purchase Requirements

Specifications and criteria set by buyers that must be met by suppliers for transactions to occur, including price, quality, delivery timelines, and service conditions.

Affect Value

Influence the worth or desirability of something, often referring to factors that can alter the perceived value of a product or service in the marketplace.

Purchasing Process

A series of steps undertaken by organizations to acquire goods or services from suppliers.

Recognized and Described

Acknowledged or identified and then explained or detailed in words.