Quartz 4

Ensure Economic and Social Well Being of Citizens

2 min read

→ refers to the situation whereby an individual not only has his or her basic needs for food water and shelter met but also has opportunity to pursue his or her goals and enjoy a satisfactory quality of life

Some indicators ⇒ of economic and social well being ⇒ income, occupation, housing, skills, safety health and social relationships

One way for the govt to ensure citizens economic and social well being ⇒ is by devoting significant resources to provide goods and services to the public ⇒ such goods and services: include education, healthcare, housing and transportation. These goods and services → usually highly subsidized so that all citizens have access to them.

SocialStudiesExamples

  1. Polyclinics located throughout Singapore - one stop healthcare centers - provide subsidized primary care. 
  • Services include outpatient medical treatment and diagnostic tests

  1. One of many different designs of public housing in Singapore built by HDB. more than 1 million HDB flats - homes to about 80% of the country’s population.

  2. CPF(central provident fund) → comprehensive savings plan → provides a foundation for the retirement of most Singaporeans. 
    ⇒ can also be used to buy a home, pay for healthcare expenses and take care of loved ones.  Consists of a medisave account - which can be used to pay for healthcare expenses and insurance.  Consists of an ordinary account - can be used to buy a home, pay for insurance, and grow savings through investments. Consists of a special account - helps you save for your old age. 

  3. Convenient and fast land transport system of trains, buses, highways that connects communities and places.

Government also provides goods and services to create conditions for growth and opportunity. ⇒ by creating such conditions in areas like education and employment → the government helps individuals pursue their goals and enjoy a satisfactory quality of life. ⇒ An example of such goods and services is the Skills Future program. 

SocialStudiesExamples

  1. Skills focused courses relevant to industry needs, for career development.

  2. Opening Skills Future credit for Singaporeans in the year they turn 25 years old to encourage continuous learning. 

  3. Work study programs for students to get a head start in the workforce

  4. Subsidy of at least 90% for eligible courses, including MOE funded courses for Sporeans above 40 and above.

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