Washington up to the amount Medicaid has spent for the care of. the spouse on Medicaid. The new regulation also creates a separate rule for annuities that. hold funds from tax-favored retirement accounts, like Individual Retirement. Accounts (IRAs), Simple Retirement Plans, and SEP retirement accounts.
Economic security. For financial securities such as stocks and bonds, see security (finance). Economic security or financial security is the condition of having stable income or other resources to support a standard of living now and in the foreseeable future.
Definition. An economic system refers to the way in which the resources of a country are used to produce goods and services, and the manner in which these goods and services are distributed for consumption. Definition.Economic systems are characterised by the following: - role of government.eatures: - Economic decisions are taken by the price mechanism system and also by the state. - The private business sector operates along the lines of the free market economy, where the price mechanism determines allocation of resources.