One important aspect of the new social contract is:A. Fixed pension benefits have increased significantly. B. Fixed pension benefits have remained a solid incentive for workers. C. Fixed pension benefits have been eliminated in the U. S. by around 90 percent. D. Defined contribution plans provide more returns and less risk.

Question

Business

Jimena

5 February, 10:42

One important aspect of the new social contract is:A. Fixed pension benefits have increased significantly. B. Fixed pension benefits have remained a solid incentive for workers. C. Fixed pension benefits have been eliminated in the U. S. by around 90 percent. D. Defined contribution plans provide more returns and less risk.

+5

Answers (1)

Know the Answer?

Meghan Graves · Answer 1

Answer:C. Fixed pension benefits have been eliminated in the U. S. by around 90 percent.

Explanation: Social contract is a term used in sociology to describe the contractual obligations between different facets or categories of persons in a social setting which enables them to effectively establish a moral, political and economical etc ways of executing or doing things.

When people are in a Social contract with their Government, it means both the Government and the people have certain rights and responsibilities which they have to perform to sustain their relationships.