Question

The Welfare function carried out by the government are broadly defined as

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Answer 1

Answer-From Wikipedia, the free encyclopedia. In welfare economics, a social welfare function is a function that ranks social states (alternative complete descriptions of the society) as less desirable, more desirable, or indifferent for every possible pair of social states. please mark my Brainliest

Answer 2

The Welfare function carried out by the government is broadly defined as follows:

• The social welfare function carried out by the government is to represent prospective patterns of collective choice as to alternative social states.
• Moreover, the function provides the government with a simple guideline to achieve the optimal distribution of income.
• It is also to provide financial or other aid to individuals or groups who cannot support themselves by any means.
• It is typically funded by taxpayers and allows people to cope with financial stress during rough periods of their lives by supporting them financially.
• Lastly, it can be said that the welfare function is to afford equality of opportunity.

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