Social Welfare Programs

Definition

Government programs designed to improve quality of life for disadvantaged groups by providing things like financial aid, healthcare, food assistance, etc.

Related terms

Social Security: A federal insurance program that provides benefits to retired people and those who are unemployed or disabled.

Medicare: A national health insurance program in the United States, primarily for individuals aged 65 or over.

Unemployment Insurance: A social welfare program which provides temporary financial assistance to workers who have lost their job without fault on their parts.