

Understanding Social Security
Interactive Video
•
Social Studies
•
9th - 10th Grade
•
Practice Problem
•
Hard
Jennifer Brown
FREE Resource
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common misconception about Social Security?
It is a new program.
It is only for the wealthy.
It is a Ponzi scheme.
It is funded by donations.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Social Security differ from a Ponzi scheme?
It is a pay-as-you-go system.
It benefits only the top investors.
It collapses after a few months.
It promises high returns to new investors.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is unique about Social Security's forecasting?
It uses a 10-year forecast.
It uses a 5-year forecast.
It uses a 75-year forecast.
It does not use any forecast.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why was a surplus built up in Social Security?
To cover the retirement of baby boomers.
To invest in the stock market.
To fund government projects.
To provide bonuses to employees.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a reason for the depletion of Social Security's surplus?
Higher taxes.
Increased government spending.
Income inequality.
Decreased population.
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