The main social insurance programs like Social Security, Medicare, and unemployment compensation are funded by a payroll tax on the earnings of individuals who may receive benefits. Do you think the social insurance programs are effective? How are social insurance programs affected by the socioeconomic and political forces? Explain your answers.

Answer rating: 100% (QA)

Social insurance programs such as Social Security Medicare and unemployment compensation play crucial roles in providing financial support and security to individuals during various stages of life or ... View the full answer