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Question
question 1 (1 point) whats the difference between a pension and social security? a social security is a government sponsored retirement program available to all citizens, while a pension is a retirement program for private companies and government institutions b a pension is a government sponsored retirement program available to all citizens, while social security is a retirement program for private companies and government institutions c social security is only for low income workers, while pensions are meant for wealthy individuals d both of these terms are interchangeable and mean the same thing question 2 (1 point) stocks represent ____ in a company bonds represent ____ for a company word bank tools debt risk ownership blank 1: blank 2
Question 1
Social Security is a government - sponsored retirement program available to all citizens. A pension is a retirement program for private companies and government institutions. Option a correctly states this difference. Option b has the definitions reversed. Option c is incorrect as Social Security is not only for low - income workers and pensions are not just for wealthy individuals. Option d is wrong as the terms are not interchangeable.
Stocks represent ownership in a company. When you buy a stock, you become a part - owner (shareholder) of that company. Bonds represent debt for a company. When a company issues a bond, it is borrowing money from the bondholder and is obligated to pay back the principal plus interest.
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A. Social Security is a government - sponsored retirement program available to all citizens, while a pension is a retirement program for private companies and government institutions.