SW 307 Chapter Notes - Chapter 8: Cengage Learning, Human Variability, Fair Labor Standards Act
Document Summary
Economics: the science of the production and distribution of wealth. If all variables related to employment were relatively equal, such as educational opportunity and access to jobs, and if impediments such as racism, sexism, and other forms of discrimination were eliminated, then open competition would create a stable economy. Marketplace success is achieved when a product makes more money than the cost of the process required to produce it. In social welfare services, the outcome is often intangible or immeasurable. Emphasizing costs versus benefits ignores social responsibility and conscience. Cost/benefit concerns do not take human needs into account. Mathematical calculations cannot measure or quantify the uniqueness of each individual. Human variability is a key element for social work professionals and clients. An effort by the federal government to address a slowdown in economic growth by putting money back in the hands of workers and businesses. Designed to stimulate consumer spending through refunds to taxpayers and capital investment breaks for companies.
