Why Is Social Security Having Trouble Working as a Pay-As-You-Go

question 33

Multiple Choice

Why is Social Security having trouble working as a pay-as-you-go system?

• A)The birth rate in the United States, with few exceptions, has been dropping since 1964.
• B)Baby boomers are retiring early and living longer.
• C)Generation Y or Millennials do not make enough money to pay into the system.
• D)Elderly wealthy people are collecting Social Security when they do not need it.

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.