ECO 450 Week 4 Assignment 1 Social Security Insolvency

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Write a five to seven (5-7) page paper that answers the following:1. Give a brief history of social security. This should be one to two (1-2) pages long2. Discuss the cause(s) of the anticipated insolvency.3. Discuss action(s) the government should take to rescue the fund, why you suggested them andhow they will work4. Summarize the importance of social security and analyze why government should rescue it if itbecomes insolvent.