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Social insurance, sickness benefits, old age pension, etc are some social benefits provided by—
  • a)
    State in capitalist economy
  • b)
    State in socialist economy
  • c)
    State in mixed economy
  • d)
    Both (b) and (c)
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Social insurance, sickness benefits, old age pension, etc are some soc...
The government to its citizens. These benefits are intended to ensure that all citizens have access to basic necessities of life, such as healthcare, financial support, and security in old age. Social insurance programs are typically funded through taxes and are designed to provide a safety net for those who need it most. Sickness benefits are designed to provide financial assistance to those who are unable to work due to illness or injury, while old age pension programs are intended to provide financial support to those who have retired from the workforce. Other social benefits may include unemployment benefits, disability benefits, and housing assistance programs. Overall, social benefits are an important component of any welfare state and are intended to promote social justice and improve the quality of life for all citizens.
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Social insurance, sickness benefits, old age pension, etc are some soc...
Socialist economy
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Social insurance, sickness benefits, old age pension, etc are some social benefits provided by—a)State in capitalist economyb)State in socialist economyc)State in mixed economyd)Both (b) and (c)Correct answer is option 'D'. Can you explain this answer?
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