Economics A-Level

Welfare

What Welfare means in Economics A-Level, as defined for AQA.

Definition of Welfare

Check what you remember

Read the wording for your board, then hide it and explain Welfare in your own words. Rough notes are fine. This is a self-check, with no mark or grade.

Reference: AQA

What economies aim to maximise by producing goods and services, alongside utility.

AQA · The nature and purpose of economic activity

Topics that use Welfare

The nature and purpose of economic activity (AQA A-Level)

Related terms

Using Welfare in the exam

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All Economics A-Level terms