In: Economics
Human services can be provided in both nonprofit and for-profit environments. Which do you think is the best way, and why do you believe that? Give at least two pros for the environment you would choose, and at least two cons for the other option.
Human service can be better understood by the term "Human capital" in Economics.It is the investment made by humans in order to implement good quality of life of service populations where the main focus is to prevent problems and to maintain commitment to improve human quality.
The best way to provide human service is through non profit organization which in turn helps to make voluntary involvement in providing quality of life services.There are "n" number of non profit organizations all around the globe which are working among the weaker sections and even providing ceratin health and education services to the society.Weaker sections can be women,children,widows,orphans,elderly people,patients etc.These organizations strengthen their commitments ,provide shelter and care and even nuture the young so that their motto of selfless service is met.Therefore human service can be better provided with help of non profit organization.
2 pros for non profit environment
a) Tax exemptions
b) Eligibility for public and private grants
2 Cons for profit environment
a) missed special rates from government
b) Non -deductible contributions