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Investments glossary

Social Welfare System

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Quotes of the day:

Truth may be stretched, but cannot be broken, and always gets above falsehood, as oil does above water.

— Miguel de Cervantes

A social welfare system provides assistance to individuals and families in need. The types and amount of welfare available to individuals and families vary depending on the country, state, or region. In the U.S., the federal government provides grants to each state through the Temporary Assistance for Needy Families (TANF) program.



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