Nations That Provide a Range of Safety Net Programs Are

question 40

Multiple Choice

Nations that provide a range of safety net programs are called

• A) welfare states.
• B) Marxist states.
• C) communist states.
• D) capitalist states.
• E) socialist states.

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Definitions:

Creditor's Name

The name of an individual or entity to whom money is owed or who has provided credit to another party.

Debtor's Name

The legal name of an individual or entity that owes money to a creditor or lender.

Unsecured Creditor

A lender or creditor that extends credit without obtaining specific collateral, ranking below secured creditors in the event of a bankruptcy.

Perfect

To bring something to a state of completeness or flawlessness; in legal and financial contexts, to finalize or make an action legally binding.