I'm trying to understand the concept of transfer payments and specifically, I want to know what the three types of transfer payments are. Could you please explain this to me?
6 answers
CryptoTrader
Fri Jan 17 2025
Transfer payments are categorized into three primary types.
Eleonora
Fri Jan 17 2025
Welfare programs represent one significant category.
MysticGlider
Fri Jan 17 2025
These programs often provide financial assistance to individuals and families in need.
JejuSunshineSoul
Thu Jan 16 2025
Social insurance programs constitute another major category.
Leonardo
Thu Jan 16 2025
They offer protection against various risks, such as unemployment, disability, and old age.