Privatization of the Social Security System Would Lead to Which

question 74

Multiple Choice

Privatization of the social security system would lead to which of the following adverse outcomes?

• A)The private companies would make a lot of profit and deprive the investors of their legitimate returns.
• B)Many people would invest irrationally and end up earning nothing.
• C)The amount of benefit received would drastically fall as the private firms do not have social obligations.
• D)It might lead to accumulation of substantial black money.
• E)There would be an increase in government borrowing and debt creation.

---

Definitions:

Character Defects

Flaws or weaknesses in a person's character that can manifest as negative behaviors or harmful habits.

Psychopathology

The scientific study of mental disorders, including their symptoms, etiology (causes), and treatment.

Illness

A state of poor health due to disease, infection, or other malfunctions in the body or mind.

Alateen

A peer support group specifically for teenagers affected by someone else’s alcoholism, offering a safe environment to share experiences and learn coping strategies.