16:16
prolly named veronica or sarah
Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
general welfare
Read a random definition: reverse annuity mortgage
A quick definition of general welfare:
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.
A more thorough explanation:
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:
- Public welfare: The government's responsibility to ensure the public's health, peace, morals, and safety.
- Corporate welfare: Governmental financial assistance given to a large company, usually in the form of a subsidy.
- Poor relief: Historically, a system of social insurance that provided assistance to those who were financially in need.
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.