The welfare state

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Persuasive essay – We need the welfare state more than ever, but is it fit for purpose?

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The welfare state is a safety net designed to provide assistance to those most in need. It has been an integral part of society for many years and, given the current economic climate, its importance is now more apparent than ever. However, it is also important to consider whether or not the welfare state is fit for purpose in today’s world. While there are some clear benefits provided by such programs, there are also significant drawbacks that must be taken into consideration.

One major benefit of the welfare state is that it provides a much-needed financial lifeline for those who may otherwise struggle to make ends meet due to limited employment opportunities or personal circumstances. In addition, the system ensures that individuals do not suffer extreme poverty which can lead to ill health and other negative outcomes; this allows them instead focus their energy on improving their lives while still having access necessary resources they need throughout process .

On the other hand , one major issue with current system relates how funds are allocated towards certain individuals groups leading onto perception inequality amongst citizens; as well as rising cost associated allowing people receive aid which can then cause strain budget thus creating issues sustainable nature program itself . Furthermore complex bureaucratic procedures involved when requesting help damage user experience feeling discouraged unable access necessities causing further problems within our societies .

Overall, while welfare state does provide us with great benefits we must take into account its potential shortcomings ensure proper measures taken place order maintain efficient functioning structure these days if we want reap full rewards from such initiative.

Net Profit Margin, Operating Profit Margin, and Net Profit Margin

 

Net benefit expanded 103.69% in 2016 contrasted with 2015 (Figure 3 above). This can be credited principally to the expansion in income as referenced above, and decreasing expenses. ‘The organization revealed 8.41% expense flattening in 2016, driven by a more vulnerable PESO contrasted with the dollar, and lower diesel and power expenses’ (Sam Williams, 2017). Peso dropped 17% contrasted with $US in 2016 (Ivana Kottasova, 2016), and with 67% of Fresnillo’s expenses being peso based, the organization profited from this fall in money (Proactiveinvestors, 2016). In 2016, Mexico’s gold mining area likewise saw a fall in normal money expenses of 5.4%, with Fresnillo recording the most minimal expense gold activity at its Cienega mine where money costs were $-217 for every ounce down from $245 per ounce in 2015 (Sam Williams, 2017). Notwithstanding their productivity in 2017, development in Fresnillo overall revenues is decreasing (Figure 3). Net benefit expanded simply by 4.91%, because of inflating costs. Cost of deals expanded 14.1% from 2016 contrasted with just a 1.2% expansion 2015 – 2016. 2017 saw an expansion in cost for each huge amount of 29.3% which was mostly because of lower volumes of metal being handled, energy cost likewise expanded 22.3%, from $118 million of every 2016 to $144 million in 2017(Fresnillo, 2017 pp. 56, 210). This increment could be credited to some degree to an expansion in base power levies, by Mexico’s state power utility (CFE), which kept an expansion in base power costs on a year on year premise of 14.3% in 2017 (Daniel Rodriguez, 2017). Fresnillo additionally encountered an expansion in compensation on normal of 5.8% (Alex Newman, 2018)

 

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