Activity 3 InstructionsChapter 10: Allocation of ResourcesThe American Recession of 2007–2009 has caused a new group of people to become poor. Many people lost jobs, homes, and health care, and some people lost everything they had saved in a lifetime on Wall Street. These people are being called the new poor. In contrast, there were babies born to a welfare mom up to 40 years ago, who were raised on welfare, then had children of their own they raised on welfare, and now have grandchildren growing up on welfare. This group of people have always received a helping hand from the government for health care (Medicaid) and living arrangements (low-income housing or housing assistance), and many have even received job training.As more people request help and assistance from the government, resources are becoming even scarcer. Who then should be allocated the limited resources? Should those who still have jobs be expected to carry the burden of those who never worked? Should those who can afford to pay get medical preference over those who cannot pay? Should funds be channeled to the young and taken away from the elderly?Critically think about some of these issues, others that are presented in the book, or issues that are affecting your community. Write a 2–3 page essay that identifies an issue or several issues. Use Liberty’s online library to search for articles to use as your sources of reference.Your paper must be 2–3 pages, use at least 2 peer-reviewed sources, must be written in current APA formatting, and incorporate a biblical worldview.