What is an example of a cash transfer redistribution program?

What is an example of a cash transfer redistribution program?

• A. Food stamps
• B. TANF, Social Security, stability, workers’ compensation
• C. Public housing assistance
• D. Interest-free loans

Answer: (B)

A cash transfer redistribution program is designed to provide direct cash payments or income support to individuals and families, which helps to alleviate poverty and ensure a basic standard of living. The response involving TANF (Temporary Assistance for Needy Families), Social Security, unemployment benefits, and workers' compensation all represent forms of direct financial assistance provided by the government. TANF assists families in need by offering cash benefits that help cover essential costs such as food and shelter. Similarly, Social Security is a government program that provides financial assistance to retirees, the disabled, and survivors, helping to ensure they have a reliable income. Unemployment benefits offer temporary financial assistance to individuals who have lost their jobs, while workers' compensation provides support to employees injured on the job. All these programs are integral to the cash transfer system, focusing on redistributing income directly to individuals and families in need. In contrast, other options like food stamps provide assistance in the form of vouchers redeemable only for food, making them a form of in-kind transfer rather than cash. Public housing assistance offers housing support rather than cash payments, and interest-free loans, while financially supportive, do not represent income redistribution in the same manner since they require repayment. Thus, the selection that illustrates a cash transfer redistribution program

A cash transfer redistribution program is designed to provide direct cash payments or income support to individuals and families, which helps to alleviate poverty and ensure a basic standard of living. The response involving TANF (Temporary Assistance for Needy Families), Social Security, unemployment benefits, and workers' compensation all represent forms of direct financial assistance provided by the government.

TANF assists families in need by offering cash benefits that help cover essential costs such as food and shelter. Similarly, Social Security is a government program that provides financial assistance to retirees, the disabled, and survivors, helping to ensure they have a reliable income. Unemployment benefits offer temporary financial assistance to individuals who have lost their jobs, while workers' compensation provides support to employees injured on the job. All these programs are integral to the cash transfer system, focusing on redistributing income directly to individuals and families in need.

In contrast, other options like food stamps provide assistance in the form of vouchers redeemable only for food, making them a form of in-kind transfer rather than cash. Public housing assistance offers housing support rather than cash payments, and interest-free loans, while financially supportive, do not represent income redistribution in the same manner since they require repayment. Thus, the selection that illustrates a cash transfer redistribution program