What Is the Trend in Social Welfare Programs Around the World

question 49

Multiple Choice

What is the trend in social welfare programs around the world since the 1990s?

• A) Increased spending on most programs
• B) Spending increased, but it became harder to become eligible
• C) Reduced spending and fewer eligible people
• D) Poor countries spent more, rich countries spent less

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Definitions:

Approving Payment

The process of confirming that an invoice or bill can be paid, often involving verification that the amount is correct and the goods or services were received.

Payment Duty

The obligation or requirement to make a payment to another party, often as part of a contractual agreement or as part of financial operations.

Bank Statement

A document or record provided by a bank detailing the transactions in a customer’s account over a specific period, including deposits, withdrawals, and balances.

Checking Account Balance

The amount of money currently available in one's checking account.