The Social Security system, which taxes workers to pay cash benefits to retirees and those who cannot work due to disabilities, is an example of a ________ policy.

Question

Quizplus · Accepted Answer

The Social Security system is an example of a redistributive policy because it takes money from current workers and redistributes it to retirees and those who cannot work due to disabilities. It is intended to reduce income inequality by providing a safety net to those who may not otherwise have sufficient income in their retirement years.

The Social Security System, Which Taxes Workers to Pay Cash