Chapter 7B Responding to Socio-economic Diversity

Front

What is the government-financed approach to managing socio-economic diversity?

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The government-financed approach involves the government providing substantial subsidies for social services, making them almost free for citizens. This includes healthcare, education, and skills training.

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How does Sweden healthcare exemplify the government-financed approach?

Back

In Sweden, healthcare services are publicly funded. Children in each household can claim up to 2,466 Swedish Kronor in a year. Dental is free for residents up to the age of 23.

Front

What are some benefits of the government-financed approach in Sweden?

Back

Ensure all citizens regardless of SES have equal access to social services (eg, healthcare, education) which give them a fair opportunity to achieve a good standard of living.

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What is the shared-responsibility approach to managing socio-economic diversity?

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The shared-responsibility approach involves individuals, families, community groups, and the government working together to fund social services, ensuring that everyone contributes to their own and others' welfare.

Front

How does Singapore healthcare exemplify the shared-responsibility approach?

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In Singapore, the government adopts multiple tiers of protection. The government provides subsidies up to 80% for hospitalizations in public hospitals. Individuals save for healthcare through CPF Medisave and buying insurance plans (Medishield Life) to ensure access to affordable healthcare.

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What is MediShield Life in Singapore?

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MediShield Life is a health insurance plan that helps Singaporeans pay for large hospital bills, allowing for risk pooling among citizens.

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How do community groups contribute to managing socio-economic diversity?

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Community groups complement individual and government efforts by providing financial aid, guidance, and resources to those in need.

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What role do individuals play in addressing socio-economic diversity?

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Individuals can contribute time, effort, and money to help the disadvantaged, such as starting initiatives to provide food and support.

Front

Give an example of an individual initiative that helps the low SES in Singapore.

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Mr. Nizar Mohamed Shariff started 'Free Food for All' to provide nutritious meals to the less fortunate, serving over 160,000 meals in 2021.

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What is the impact of community groups like Daughters of Tomorrow?

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Daughters of Tomorrow conducts financial literacy programs to help low-income women upgrade their skills and find jobs, promoting financial independence.