Question

2 Select the correct answer. Which characteristic describes the privatization of Social Security? O A. increases the employer's contribution to Social Security OB. raises the retirement age to claim full benefits to 70 O C. enables Americans to invest their Social Security contributions in the stock market OD. reduces benefits across the board by 13 percent O E. obtains a loan from the Fed Reset Next

Answer 1

Answer:

C. enables Americans to invest their Social Security contributions in the stock market

Explanation:

It is known that there are many different types of proposals for the privatization. Most of the people have an existing funds that can be used to buy on the market and the individual people can have different ways or options of how the funds of theirs are being handled in the market. Like for suppose they can take control over their funds and purchase or even sell their shares in the market. They they can take help from an investment company to move their shares and can also even leave heir original shares which were bought by government at the transition for privatization. Hence, the bottom line is, individual people can have some control of their own shares in the market.