Economics Mixed Economy Questions
The role of social welfare programs in a mixed economy is to provide a safety net for individuals and families who are unable to fully participate in the market economy. These programs aim to reduce poverty, inequality, and social exclusion by providing assistance and support in areas such as healthcare, education, housing, and income support. Social welfare programs also help to promote social stability and economic growth by ensuring that basic needs are met and by providing opportunities for individuals to improve their skills and capabilities.