Since the Social Security System Began in 1935,the Number of Workers

question 7

Multiple Choice

Since the Social Security system began in 1935,the number of workers per retiree has

• A)stayed roughly the same.
• B)continually risen.
• C)continually declined.
• D)risen and declined with different generations.

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Definitions:

Labor Force

The total number of people employed or seeking employment in a country or specific area.

Workforce Unionized

Refers to a workplace where the employees are members of a union, which represents their interests in negotiations with the employer.

National Income

The total value of all goods and services produced by a country's economy over a specific time period, including income from abroad.

Labor-Capital

The relationship or ratio between the labor force and the amount of capital investment in an economy or production process.