Social Security Goals and Funding Quiz
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Questions and Answers

What is the primary goal of social security?

  • To encourage higher education for low-income families
  • To provide financial assistance to retired individuals (correct)
  • To offer free healthcare to all citizens
  • To promote economic growth and development
  • What does social security aim to protect individuals against?

  • Inflation and deflation
  • Climate change and natural disasters
  • Fluctuations in stock market prices
  • Unemployment and job loss (correct)
  • How is social security funded?

  • Through payroll taxes and contributions (correct)
  • By issuing government bonds to the public
  • By corporate sponsorship and donations
  • Through revenue generated from export tariffs
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