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This is a free sample preview of the essay
Economics: The American Government
Beginning of essay
Most of the problems of the United states are related to the economy. One of the
major issues facing the country today is social security.
The United States was one of the last major industrialized nations to establish
a social security system. In 1911, Wisconsin passed the first state workers
com ....
Middle of essay ....y social security. Employers and workers finance the program
through payroll taxes. Participation in the social security system is required
for about 95 percent of all U.S. workers. Social security differs from public
assistance. Social security pays benefits to individuals, and their families,
largely on the basis of work histories. Public assistance, or welfare, aids the
needy, regardless of their work records. All industrialized countries as well as
many developing nations have a social secur.... |
Number of words: 2158 |
Approximate pages: 8 |
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