What is the aim of social protection policies?

The aim of social protection policies is to reduce social risks and poverty. These policies are designed to provide a safety net in times of need, such as during unemployment, sickness, disability, old age, or other circumstances that can jeopardize an individual's ability to earn a livelihood. By addressing the basic needs of individuals and families, social protection policies help ensure access to essential services, promote economic stability, and contribute to a more equitable society.

This focus on reducing poverty and social risks reflects a commitment to social welfare and economic justice, aiming to uplift vulnerable populations and provide them with support that can enhance their quality of life. This, in turn, can lead to more inclusive economic growth, fostering a healthier workforce and community resilience.

The other options diverge from this overarching goal. While maximizing corporate profits, increasing consumption of luxury goods, and promoting international trade may contribute to economic activities, they do not fundamentally address the needs and vulnerabilities of individuals facing social risks or poverty.