Textbook: Chapter 16- Social Policy Flashcards
0
Q
Social Security
A
System of forced savings to take care of the elderly
1
Q
Three goals of social policies
A
Protect against insecurities
Promote equal opportunity
Alleviate poverty
2
Q
Medicare
A
Provides health insurance to the elderly and disabled
3
Q
Welfare programs
A
Aid to families with dependent children (Temporary assistance to needy families)
Medicaid
SSI
Food stamps
4
Q
Critics
A
Cost too much
Third party structure exaggerates prices
Cause reliance
Encourages undesirable behavior
Blames the system
5
Q
Supporters
A
Stabilizes declining economy
Reflects governments responsibility to its citizens
Helps correct imperfections of capitalism
Needed to stop unrest, especially in bad times