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welfare economics

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welfare economics

–noun
a branch of economics concerned with improving human welfare and social conditions chiefly through the optimum distribution of wealth, the relief or reduction of unemployment, etc.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2010.
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Economic Journal
Monthly review of Canada's economy. Data, trends, analysis and more.
www.statcan.gc.ca