economic welfare

economic welfare
economic prosperity, financial well-being

English contemporary dictionary. 2014.

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  • Measurable economic welfare — (MEW) is a method to measure the living standards. History In 1972, William Nordhaus and James Tobin developed Measurable economic welfare (MEW).This adjusts GDP by adding leisure, unpaid housework and the value of services given by consumer… …   Wikipedia

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  • Net economic welfare — is a proposed national income measure that attempts to put a value on the costs of pollution, crime, congestion, and other negative spinoffs, in order to find a better measure of true national income. To date, it has not been widely adopted.[1]… …   Wikipedia

  • Economic inequality — refers to disparities in the distribution of economic assets and income. The term typically refers to inequality among individuals and groups within a society, but can also refer to inequality among nations. Economic Inequality generally refers… …   Wikipedia

  • welfare — wel‧fare [ˈwelfeə ǁ fer] noun [uncountable] ECONOMICS 1. help that is given by government to people with social or financial problems: • a drastic reform of the welfare system 2. money paid by the government to people who are poor, unemployed etc …   Financial and business terms

  • Economic development — is the development of economic wealth of countries or regions for the well being of their inhabitants. From a policy perspective, economic development can be defined as efforts that seek to improve the economic well being and quality of life for… …   Wikipedia

  • ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… …   Encyclopedia of Judaism

  • Welfare economics — Economics …   Wikipedia

  • economic planning — Use of government to make economic decisions with respect to the use of resources. In communist countries with a state planning apparatus, detailed and rigid planning results in a command economy; land, capital, and the means of production are… …   Universalium

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