Question

What are the services of corporation in helping the poor?

Answer 1

Corporate welfare is a term that analogizescorporate subsidies to welfare payments for the poor.The term is often used to describe a government's bestowal of money grants, tax breaks, or other special favorable treatment for corporations. It highlights how wealthy corporations are less in need of such treatment than the poor.

The definition of corporate welfare is sometimes restricted to direct government subsidies of major corporations, excluding tax loopholes and all manner of regulatory and trade decisions, which, in practice, could be worth much more than any direct subsidies.

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Answer 2

How corporate helps the poor:

• Corporations can help the poor people in developing countries—and repeatedly endorse their own welfare at the same time—by assisting the reduction of prices and quotas in their home markets

• Food for the Poor comprehends the value that corporations place on their social accountability initiatives. We struggle to build relations with businesses so that together, we can transform public from the despair of chronic poverty to the hope of self-adequacy.

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