what do you mean by self welfare
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Hey,
The well-being of the entire society. Social welfare is not the same as standard of livingbut is more concerned with the quality of life that includes factors such as the qualityof the environment (air, soil, water), level of crime, extent of drug abuse, availability of essential social services, as well as religious and spiritual aspects of life.
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The well-being of the entire society. Social welfare is not the same as standard of livingbut is more concerned with the quality of life that includes factors such as the qualityof the environment (air, soil, water), level of crime, extent of drug abuse, availability of essential social services, as well as religious and spiritual aspects of life.
HOPE IT HELPS:-))
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in welfare economics, a social welfare function is a function that ranks social states as less desirable , more desirable,or indifferent for every possible paor of social states. input of the function include any variables consider to affect the economic welfare of a society..
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