Describe Some of the Earliest Forms of Welfare

question 45

Essay

Describe some of the earliest forms of welfare.Why was welfare so controversial for much of American history? What event did the most to transform American attitudes toward poverty relief and why?

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Definitions:

Supply

The total amount of a good or service that is available to consumers at a given price level and time.

Demand

The desire and ability of consumers to purchase a good or service at a given price.

Tax

A required financial contribution or alternative type of tax placed on a taxpayer by a state authority to cover government outlays and assorted public spending.

Social Security Tax

A tax levied on both employers and employees to fund the Social Security program, which provides benefits to retirees, the disabled, and children of deceased workers.