1. Social Welfare
Many of the decisions that a government makes involve money. ... A nation's economic philosophy influences many aspects of national life, including the form of government. ... Government kept a strict "hands-off" attitude. ... Except for restrictions on free enterprise and property rights, socialist governments also safeguard personal freedoms. ... Welfare benefits to individuals may be in the form either of bureaucratically supplied professional services of government employees or in the form of government-issued stipends or allowances or subsidies (transfer payments) to help quali...
- Word Count: 3108
- Approx Pages: 12
- Grade Level: Undergraduate