Which of the Following Is a Reason That Social Insurance

question 53

Multiple Choice

Which of the following is a reason that social insurance programs exist?

• A)to compete with private insurance programs
• B)to provide a base of economic security
• C)to provide need-tested benefits to low-income individuals
• D)to reduce involvement of the government in insurance markets

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Definitions:

Supreme Court

The highest federal court in the United States, with ultimate appellate jurisdiction over all federal and state court cases that involve a point of constitutional law.

Fourteenth Amendment

An amendment to the U.S. Constitution that grants citizenship to all persons born or naturalized in the United States and ensures equal protection under the law.

Due Process Clause

A legal principle that guarantees fair treatment through the normal judicial system, especially as a citizen's entitlement.

Equal Protection

The principle under the Constitution that requires states to govern impartially, not discriminating between different groups of people.