Which of the Following Would the Welfare State Be Considered

question 75

Multiple Choice

Which of the following would the welfare state be considered?

• A)civil right
• B)social right
• C)political right
• D)citizenship right

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Definitions:

Budget Line

A graphical representation showing the combination of goods a consumer can purchase with a fixed income.

Money Income

The total amount of monetary earnings or receipts a person or household receives within a given period.

Utility

In economics, the total satisfaction received from consuming a good or service.

Entrepreneur

An individual who starts, organizes, manages, and assumes the risks of a business or enterprise, often innovating and creating new products, services, or business models.