Translated version

Welfare state

A social and economic model in which market economy is combined with a strong state social policy. The state redistributes income through taxes and provides universal social services (education, healthcare, pensions).

Original version

Gerovės valstybė

Socialinis ir ekonominis modelis, kuriame rinkos ekonomika derinama su stipria valstybės socialine politika. Valstybė per mokesčius perskirsto pajamas ir teikia universalias socialines paslaugas (švietimas, sveikatos apsauga, pensijos).

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