1A. What are the strengths and the weaknesses of the mixed welfare economy of the United States (be sure to name at least 2 strengths and 2 weaknesses)? Government agencies, for-profit corporations, and not-for-profit corporations all provide some social services. Identify the strengths and weaknesses of each with attention to the primary sources of revenue, potential for innovation, and capacity to respond to changing social problems. Please be sure to be detailed in answers and use examples.
Reference:
https://www.studocu.com/en-gb/document/university-of-kent/family-law/what-are-the-strengths-and-weaknesses-of-the-welfare-approach/1446173
1B. Since social welfare is a mechanism for redistributing resources from those in a society who have assets to those who do not, under what conditions do you think that social welfare is justifiable. Identify categories of people that you believe society should assist and categories of people that society should not assist. How do these groups of people differ? How are they alike?
Reference:
https://corporatefinanceinstitute.com/resources/economics/social-welfare-system/
https://compliantpapers.com/social-welfare-mechanism-for-redistributing-resources/
https://www.jstor.org/stable/10.1086/515795