What Is Social Security

question 10

Multiple Choice

What is Social Security?

• A) Federal program designed to provide hospital insurance, and most people do not have to pay a monthly premium for this insurance because they are eligible through the taxes they paid while working
• B) Federal program designed to provide medical insurance and covers physician services, outpatient hospital care, and other medical services such as physical and occupational therapy and some home healthcare
• C) Federal program designed to protect individuals and their families from loss of earnings due to retirement, disability, or death (when signed into law in 1935, it covered only retired workers)
• D) Largest source of funding for medical and health-related services for people with limited income

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Definitions:

Memory

The ability to store, retain, and subsequently retrieve information.

Internal Locus

Internal Locus refers to a belief that individuals control their own destiny and outcomes are a result of their actions rather than external factors.

External Locus

A belief system or psychological orientation that attributes success or failure to external factors beyond one's control.

Control

In management and organizational contexts, refers to the processes and systems in place that ensure activities and outputs meet the organization’s objectives and standards.