The Common Ideology of a Class System States That Success

question 82

Multiple Choice

The common ideology of a class system states that success and wealth typically result from

• A)sheer luck.
• B)family background.
• C)flaws in society.
• D)personal talent and effort.

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Definitions:

Pension Plan

A retirement plan that requires an employer to contribute to a pool of funds set aside for an employee's future benefit.

Original Beneficiary

The initial recipient designated to receive benefits or assets from a trust, will, or life insurance policy.

Plan Assets

Assets held by a retirement plan, including investments, cash, and property, used to generate benefits for participants.

Single Life Annuity

An annuity that provides regular payments during the annuitant's lifetime but ends upon their death.