Poverty and unemployment are issues every country — including developed nations — have to deal with. Some countries, especially in Western Europe, prefer a welfare state type of approach where the government provides unemployment benefits for those out of work. Asian countries tend to not have social welfare schemes and the unemployed turn instead to family members for support.
Which approach is better is a source of unending debate. The welfare state approach is good in that it provides a safety net for the unemployed but it results in higher taxes for those who are employed. It also leads to […]
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