Author Question: The Social Security system was founded A) during the Civil War, to pay pensions for veterans. B) ... (Read 220 times)

APUS57 · **on:** Jun 29, 2018

The Social Security system was founded

A) during the Civil War, to pay pensions for veterans.
B) during the last years of the nineteenth century, as people who had once depended on having a family farm found themselves without a means of support.
C) as the United States began to recover from the Great Depression.
D) in response to concerns that arose during the high inflation of the 1970s.

Question 2

When there is an external cost, the unregulated market

A) overproduces the good or service.
B) underproduces the good or service.
C) reaches the most efficient solution.
D) minimizes public welfare.