which of the following is a rationale for the existence of t

which of the following is a rationale for the existence of the welfare state? MC

Which of the following is a rationale for the existence of the welfare state? Alleviating economic insecurity. Reducing poverty and providing access to health care. Alleviating income inequality. All of the above.

Solution

All of the above

A welafare state tries to correct market failure situation by intervening and it aims at all aims given in the question.