Question

What is the safety net?

Short answer

Safety-net refers to the welfare and anti-poverty programs implemented by the US government for the poor and the near-poor of the country.

Step-by-step solution

Step 1. Introduction

The government of a country is entitled to the responsibility of safeguarding its people in the country, especially the poor or the low-wage earners. The government takes steps for increasing the welfare of the poor in the country.

Step 2. Safety net

For the purpose of increasing the welfare of the poor (who lie below the poverty line) and the near-poor (who earns just above the poverty line), the US government launches many welfare and anti-poverty programs in the country. These programs are considered as safety-net provided by the government.