Economists Would Label Social Security

question 34

Multiple Choice

Economists would label Social Security

• A)a defined benefit pension program.
• B)a defined contribution program.
• C)a Ponzi scheme.
• D)an unneeded intrusion into private savings.

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Definitions:

Corporate Social Responsibility

A business model that helps a company be socially accountable to itself, its stakeholders, and the public.

Social Entrepreneurship

A practice involving the starting of businesses with the aim of addressing social issues or making a positive impact on society.

Hybrid Model

A business, organizational, or systems approach combining elements of multiple methods, techniques, or technologies, often incorporating both traditional and innovative practices.

Social Purpose Ventures

Businesses created by social entrepreneurs to resolve a social problem and make a profit.