| interactive activity
Match each of the terms on the left with its definition on the right. Click on the term first and then click on the matching definition. As you match them correctly they will move to the bottom of the activity.
Welfare state Government transfer Poverty program Social insurance program Poverty threshold Poverty rate Mean household income Median household income Gini coefficient Means- In- Negative income tax Private health insurance | government programs— the collection of government programs designed to alleviate economic hardship. a number that summarizes a country’s level of income inequality based on how unequally income is distributed across quintiles. a benefit given in the form of goods or services. a program that supplements the income of low- a government program designed to aid the poor. the average income across all households. a government payment to an individual or a family. the percentage of the population living below the poverty threshold. when each member of a large pool of individuals pays a fixed amount annually to a private company that agrees to pay most of the medical expenses of the pool’s members. the annual income below which a family is officially considered poor. the income of the household lying at the exact middle of the income distribution. a program available only to individuals or families whose incomes fall below a certain level. |