Economics GCSE
Welfare state
What Welfare state means in Economics GCSE, as defined for AQA.
Definition of Welfare state
Check what you remember
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Reference: AQA
The welfare system through which the UK government redistributes income from higher earners to lower-income households to reduce inequality.
Topics that use Welfare state
- Distribution of income (AQA GCSE)
Related terms
- Aggregate demand
- Asset accumulation
- Economic inequality
- Equity versus efficiency
- Government intervention
- Incentives and disincentives
- Income inequality
- Labour markets
Using Welfare state in the exam
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