The role of welfare within our society has always been controversial. This problem emphasizes the need to understand the roles of variable factors when pertaining to the subject of welfare within our society. The proposed analysis will address the phenomenon of welfare assistance and several factors which may contribute to the increase or decrease of welfare assistance to the poor in 4 ways: (1) by defining major concepts and any other concepts about which there is likely to be misunderstanding (2) by further examining the past history pertaining to the subject of welfare assistance within the United States; (3) by developing the formulation of a hypothesis which will provide for an explanation of welfare; and finally (4) determining whether or not the benefits of welfare assistance outweigh the cost.

Ultimately, the purpose of this research analysis is to investigate variable factors that may contribute to the increase or decrease of welfare assistance. This cost benefit analysis is an attempt to explain the tentative assumptions of others pertaining to the subject of welfare, in order to determine and explain the relationship of welfare to the economic cost and benefi

The costs or money expense of welfare assistance to society is ultimately supplied through some sort of tax revenue. The economic cost to society is the value of the goods and services that resources used for welfare assistance could have produced if they had not been used for welfare assistance. This simple concept is also known as the opportunity cost principle which states that the true cost of producing an additional unit of a good or service is the value of other goods or services that must be given up to obtain it (Sharp, Register, and Grimes 8). The opportunity cost principle can be an effective means of identifying the actual costs of welfare assistance. To illustrate the costs of welfare assistance a production possibilities curve, which measures units of welfare assistance along the horizontal axis and units of all other goods and services along the vertical axis, will be used (Figure 2). Curve PP shows all goods and services as well as welfare assistance that the economy's given resources can produce in a year. There are two combinations represented by D and J. When the economy is producing combination D, it is obtaining W1 units of welfare assistance and S1 units of other goods and services.

The poor aren't the only people to benefit from welfare assistance; the government also benefits from such programs. If welfare assistance programs weren't available to the poor eventually the poor would have to support themselves. There are only a couple of ways to support yourself and it's legally or illegally. If a person can't get a job because of scarce employment or no or little job skills that individual is going to try to "obtain" money some way to put food in his/her stomach. Without a prospering economy and social welfare assistance programs the crime rate would probably skyrocket.

Some common words found in the essay are:
Register Grimes, Benefit Analysis, Reconciliation Act, Threshold Level, Cost-Benefit Analysis, EITC AFDC, Note AFDC, welfare assistance, Insurance Act, Smith Zietz, Curve PP, social welfare, welfare assistance programs, cost-benefit analysis, assistance programs, sharp register grimes, sharp register, register grimes, explicit costs, cost benefit, welfare programs, benefit analysis, cost benefit analysis, costs welfare assistance, social welfare assistance,
Approximate Word count = 2799
Approximate Pages = 11 (250 words per page double spaced)