How Big a Boost Do Working Seniors Give the Economy? (June 12, 2013)

How Big a Boost Do Working Seniors Give the Economy? (June 12, 2013)

Assessment

Interactive Video

Business, Social Studies

11th Grade - University

Hard

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The video explores the impact of older Americans working past retirement age, highlighting individuals like Rosa Finnegan who continue to contribute to the economy. It discusses the potential benefits of this trend, such as increased tax revenue and economic growth, while also addressing challenges like health issues and limited job opportunities. Economists offer differing views on the significance of this trend, with some emphasizing its potential to alleviate fiscal pressures and others questioning its overall impact. The video concludes by considering the future role of older workers in the economy.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the statistic that there were 159 American workers for every retiree when Social Security began?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How might delaying retirement impact the financial stability of Social Security?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do older workers play in the overall economy according to the text?

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