One Branch of Government Insurance Programs Has a Number of Distinguishing

question 3

Multiple Choice

One branch of government insurance programs has a number of distinguishing characteristics.These programs are compulsory,they are financed by mandatory contributions rather than general tax revenues,and benefits are weighted in favor of low-income groups.These government insurance programs are called

• A)welfare programs.
• B)social insurance programs.
• C)casualty insurance programs.
• D)private insurance programs.

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Definitions:

Escalation

A situation where actions or events become more intense or serious, often leading to further conflict or a higher level of crisis.

Election Results

The final tallies or outcomes of a voting process that determine which candidates or referendums have succeeded or failed.

2006

A year in the Gregorian calendar, notable for various global events in politics, science, and culture.

2008

A year marked globally by significant events including the financial crisis, which was among the worst economic downturns since the Great Depression, and the election of Barack Obama as the 44th president of the United States.