Félagsmálakerfum
Félagsmálakerfum, often translated as social welfare systems or social security systems, refers to the complex of institutions, policies, and practices established by a state to ensure the well-being of its citizens. These systems are designed to provide a safety net against various life risks and to promote social equality and cohesion. Key components typically include provisions for healthcare, unemployment benefits, pensions, child support, and social assistance for those unable to support themselves.
The underlying philosophy of félagsmálakerfum varies across different countries and historical periods. Some systems are built
The administration and funding of félagsmálakerfum are typically managed by government agencies, often funded through taxation