Simple English definitions for legal terms
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General welfare refers to the well-being and prosperity of society as a whole. This includes things like public health, safety, morals, and peace. It also refers to a system of social insurance that provides assistance to those who are financially in need, such as food stamps and family allowances. Corporate welfare is a type of financial assistance given by the government to large companies in the form of subsidies.
Definition: General welfare refers to the well-being and prosperity of society in various aspects such as health, safety, order, morality, economics, and politics. It also refers to a system of social insurance that provides assistance to those who are financially in need, such as food stamps and family allowances.
Examples:
The examples illustrate the different aspects of general welfare. Public welfare ensures that society is safe and healthy, while corporate welfare provides financial assistance to large companies. Poor relief is a historical example of social insurance that helped those who were financially in need.