Government Policies To Alleviate Poverty And Influence Income And Wealth Inequality Flashcards
1
Q
What are welfare state transfers
A
Child benefits
Public pensions
Conditional welfare transfers
2
Q
What are state-provided services
A
Education
Health care
Social housing
Employment training
3
Q
What is original income
A
Income before government intervention
4
Q
What is final income
A
Income after taxes and benefits
5
Q
Policy to redistribute welfare transfers
A
Higher child benefits
Support for disadvantaged students
Free public goods
6
Q
Policies designed to reduce inequality
A
Progressive income, consumption and wealth taxes
Strengthening wage floors
Employment rights
Tackling structural barriers to employment
7
Q
Underlying causes of inequality
A
Skills bias Rising share of capital income Less progressive tax systems Rise in poverty Regional inequalities
