The economics of this concept attempts to maximize
The economics of this concept attempts to maximize the results of an equation that contains seven parts for the simplest possible economy.  Amartya Sen wrote about "Distribution, Transitivity, and Little's [Criteria of this concept.]"  William Temple used this term to compare Great Britain to Nazi Germany during World War II.  The Personal Responsibility and Work Opportunity Reconciliation Act passed during Clinton's first term largely reformed this in the United States.  For 10 points, identify this term that also identifies a certain type of state often associated with health care and food stamps.
The economics of this concept attempts to maximize the results of an equation that contains seven parts for the simplest possible economy.  
{Welfare} [accept {added words} like "{State}" and "{Economics}" to {this}]