One Argument Offered by Economists for Having a Social Security

question 47

Multiple Choice

One argument offered by economists for having a Social Security system is that if there were no Social Security, workers might

• A)work too long.
• B)not fully comprehend how hard it might be to continue working into their 70s.
• C)save too much.
• D)overestimate the value of retirement.

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Definitions:

Moral Development

The process through which individuals develop proper attitudes and behaviors towards other people in society, based on social and cultural norms, laws, and rules.

Lawrence Kohlberg

An American psychologist best known for his theory of stages of moral development.

Postconventional Moral

A level of moral reasoning that is based on abstract reasoning and principles, beyond societal norms or laws.

Segregation

The act or state of separating or setting apart from others or from the main body or group.