Definition of «safety net»

The term "safety net" refers to a system or support that helps protect individuals and families from falling into poverty, unemployment, illness, or other difficult situations. It can include programs such as welfare benefits, food stamps, Medicaid, unemployment insurance, and other social services designed to provide financial assistance, healthcare, and other resources to those in need. The idea behind a safety net is that it offers a measure of security and stability for people who may be struggling due to circumstances beyond their control, such as job loss or illness. It can help prevent individuals from falling into extreme poverty and provides a foundation upon which they can rebuild their lives.

Sentences with «safety net»

  • Beyond the literacy rotation, a variety of safety nets for supporting struggling readers was identified. (ciera.org)
  • They help create supercharged groups where impossible things seem doable, and they offer a larger safety net of ideas when things get stuck. (sciencemag.org)
  • So developing a passive income stream is a good way to be prepared and have a financial safety net in case one's position does become eliminated. (dividendquest.com)
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