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单词 benefits in kind
释义 benefits in kind

Government provision of goods and services to those in need of them. This is contrasted with providing citizens with incomes sufficient to meet their needs via the market. Governments wishing to provide for the basic needs of their citizens, including subsistence, housing, education, and medical services, have to choose between these two methods. Providing income is supported by the welfare economics argument that people vary in their individual tastes and needs, so that any available resources will be more efficiently used in providing goods and services that they choose for themselves. There are, however, various arguments in favour of benefits in kind. In the case of medical and educational services, the tasks of assessing and meeting needs are closely connected. Housing, medical services, and education are often regarded as merit goods: improved housing, health and education are supposed to benefit society at large as well as the individual recipient. There is a danger that if those in need of services for themselves, and more particularly for their children, were simply given enough money to pay for them, they might in fact prefer to spend some or all of it in more congenial ways, for example on drink. To try to combine the merits of market provision of services with the advantages of benefits in kind, it has been proposed that education should be supplied by the state issuing parents with voucher, which could be spent only at educational institutions, and would not otherwise be tradable.

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更新时间:2024/11/13 15:25:57